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We Work With Tou To

Identify What Retirement Means to You

Retirement Planning


With people living longer than ever and being more active than ever, retirement funds have to do more as well. Our goal is to build a financial plan that enables you to have it all.

Our intent in retirement planning is to determine what retirement really means to you. We really get to know you and your family, and we work with you to build a sound financial plan from there.

Retirement Planning Baltimore, MD, Old Orchard Wealth Solutions


Retirement Planning Baltimore, MD, Old Orchard Wealth Solutions

Individuals must identify and understand their financial goals and have a well-thought-out financial plan that focuses on the key source of retirement income: personal savings and investments. Given the potential duration and changing nature of retirement, you should seek assistance to help you assess your needs and develop appropriate investment strategies.

As you move through the various stages of your new retirement, perhaps working at times and relaxing at others, your plan may require adjustments along the way. Our professional consultants will help you monitor your plan and make changes when necessary.


Among the factors you’ll need to consider:

Time

Inflation

Taxes

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Time

You can project for periods of retirement, reeducation, or full employment. Then concentrate on a plan to fund each of the separate periods. The number of years until you retire will influence the types of investments we include in your portfolio.

If retirement is a short-term goal, investments that provide liquidity and help preserve your principal may be more suitable. On the other hand, if retirement is many years away, we may be able to include more aggressive investments in your portfolio.

Inflation

While less volatile fixed-income and money market investments may play an important role in your investment portfolio, if used alone, they may leave you susceptible to the erosive effects of inflation. To help your portfolio keep pace with inflation, you may need to maintain some growth-oriented investments.

Over the long-term, stocks may provide returns superior to other asset classes. But, also keep in mind that stocks may involve greater short-term volatility.

Taxes

Even after you retire, taxes will remain an important factor in your overall financial plan. If you return to work or open a business, for example, your tax bracket could change. In addition, should you move from one state to another, state or local taxes could affect your bottom line.

The after-tax results of your various investment choices should be compared and reviewed as part of your overall planning. Examples may include things such as tax deferred plans offered by employers — for instance 401(k) and 403(b) plans – and Traditional and Roth IRAs may also help your retirement savings grow.

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