Legacy
Planning

Legacy Planning for Retirement:

Preserving Your Legacy for Future Generations

When planning for the legacy you want to leave behind, it is important to make sure it reflects your life, values, and the impact you would like to leave. At RetireStrong Financial Advisors, we recognize legacy planning is more than distributing assets; it is about creating a thoughtful and intentional plan to safeguard your loved ones, fulfills your wishes, and minimizes financial burdens. Our goal is to guide you in building a legacy to reflect your dreams and leaves a lasting impact on the people and causes you love. It may even magnify charitable possibilities, too.

What Is Legacy Planning?

Legacy planning is the process of organizing your property, assets, and financial resources to ensure they are distributed according to your wishes long after you are gone. Legacy planning is more than creating a will – it involved charitable giving plans, using strategies to curtail unnecessary fees and taxes, and methods for minimizing disputes amoung your beneficiaries.

Why Legacy Planning Matters

Although legacy planning may seem like a conversation for the distant future, there is no better time to prepare than when you are making decisions about your retirement. Managing these preparations early on will be beneficial for:

• Protecting Your Loved Ones:
  You can provide your family and beneficiaries with the support they need without them being forced to endure unnecessary financial or legal complications.  Many want to leave their kids better off than they were.
• Minimizing Costs:
  A carefully considered legacy plan reduces excess fees and estate taxes, preserving more of your assets for the people and causes that matter most to you.
• Fulfilling Your Wishes:
  Whether you wish to support charities, set up educational funds, or make arrangements to support your family’s needs, legacy planning helps you leave a lasting impact.
• Preventing Family Disputes:
  Having a clear, concise plan for your property and assets can help minimize misunderstandings and conflicts among heirs.

Secure Your Health and Your Future

Don’t delay in planning for healthcare throughout your retirement. Contact RetireStrong Financial Advisors today to schedule an introductory meeting and prepare for a healthier, more secure retirement.