Retirement Planning Dublin GA

Planning ahead for retirement is vital for people of all ages who wish to be financially independent once they opt to retire. Money can be allocated to investments or set aside in savings plans in order to avoid being used too early, though investments do involve some degree of risk. Many people save for retirement through employer-sponsored defined contribution plans, such as IRAs, 401(k)s, and profit sharing plans. Other types of plans and DIY retirement planning are also options and all of the available avenues are generally characterized by tax advantages.

Mr. C. Michael Cauley, CFP®
(478) 275-1163
1300 Bellevue Ave
Dublin, GA
Firm
Nichols Cauley & Assoc

Data Provided by:
Mr. T Farrell Nichols, CFP®
(478) 275-1163
1300 Bellevue Ave
Dublin, GA
Firm
Nichols Cauley & Assoc

Data Provided by:
Bank of America - Dublin Mall
(478) 277-3765
2101 Veterans Blvd.
Dublin, GA
Type
Banking Center
Services
Banking Center Services: Change Order, Commercial Deposits, Night Deposits, Drive Up
Outdoor ATM Services: Open 24 Hours, Braille, Accepts Deposits, Drive Up
Languages
English, Spanish, Chinese, Korean, French, Russian, Portuguese
Office Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-6
Saturday 9-1
Sunday Closed
Drive Up Hours
Monday 9-4
Tuesday 9-4
Wednesday 9-4
Thursday 9-4
Friday 9-6
Saturday 9-1
Sunday Closed

Annika Ferris
Brightworth, LLC
(404) 760-9000
3280 Peachtree Road, NE, Suite 2075
Atlanta, GA
Expertises
Planning Concerns for Corporate Executives, Women's Financial Planning Issues, Divorce Planning, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, CLU, MBA

Tamara Shelabarger
Everyday Steward, a division of Ronald Blue & Co., LLC
(770) 280-6172
300 Colonial Center Parkway, Suite 350
Roswell, GA
Expertises
Hourly Financial Planning Services, Ongoing Investment Management, Helping Clients Identify & Achieve Goals, College/Education Planning, Retirement Plan Investment Advice, Middle Income Client Needs
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. James L. Weight, CFP®
(478) 296-0960
122 Creekview Cir
Dublin, GA
Firm
ICMA-RC

Data Provided by:
Mr. Timothy R. Veal, CFP®
(478) 275-1163
1300 Bellevue Ave
Dublin, GA
Firm
Nichols Cauley & Associates, L

Data Provided by:
Wells Fargo - Dublin
(478) 275-0380
105 Shamrock Dr
Dublin, GA
Type
Branch
Office Hours
Mon-Thu 09:00 AM-05:00 PM
Fri 09:00 AM-06:00 PM
Sat 09:00 AM-12:00 PM
Sun Closed

Melissa Hallmark
Sanders Financial Management, Inc.
(770) 448-5111
5550 Triangle Parkway, Suite 300
Norcross, GA
Expertises
Helping Clients Identify & Achieve Goals, Retirement Plan Investment Advice, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, BBA, CFP®, MBA

Mitchell Reiner
Capital Investment Advisors, LLC
(404) 531-0018
200 Sandy Springs Place, Suite 300
Atlanta, GA
Expertises
High Net Worth Client Needs, Retirement Plan Investment Advice, Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Estate & Generational Planning Issues, Planning Issues for Business Owners
Certifications
NAPFA Registered Financial Advisor, CFP®, CIMA

Data Provided by:

Retirement Planning

By: Jonas Zamora
Jonas Zamora is a Certified Financial PlannerTM professional. You may contact him at jzamora@zacks.com

Closing in on retirement?

Are you closing in on retirement? If your goal is to retire in the next five years, you are in that critical stage in the retirement planning cycle. You have to take care of details like your 401(k) distributions or rollover, exercise of stock options, pension distributions, and when to take social security payments. Then there's figuring out what you need to draw out of your investments when that big day arrives. What you do in the first five years after retirement will also play a key role over the following 25-30 years.

First, let's discuss your first steps five years before going off into retirement bliss:

1. Put more money away. I read an article that says we are saving too much for retirement. That is bunk! Let's say your retirement target is 65 years of age. Most of you will be able to and should contribute extra to your 401(k) after reaching 50 years of age. That amount is $15,500 per year plus catch up amount of $5,000. Over a 15-year time frame for someone who is 50 years old today, assuming a 7% annual return, the savings by age 65 amounts to over $500,000. Without the extra $5000 in contributions, you would only have around $376,000.

2. Over the last year to two years before retirement, consider being more conservative in your 401(k). Don't leave a majority of these assets in employer stock! If the market takes a nosedive, you still have a great base to invest and live off of when you retire. Diversify.

3. Remember to exercise those in-the-money stock options. Many folks get so excited about their last day at the office, they forget about exercising the valuable stock options while still profitable.

4. Place money in an emergency fund with 1-2 years worth of living expenses in a cash or CD account....

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