Retirement Planning Oceanside CA

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.

Rick Mayes
Mayes Financial Planning
(760) 729-8900
2755 Jefferson St., Suite 208
Carlsbad, CA
Expertises
Middle Income Client Needs, Hourly Financial Planning Services, Retirement Planning & Distribution Rules, Investment Advice without Ongoing Management, Cash Flow/Budgets/Credit Issues, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Stefan Prvanov
Blankinship & Foster, LLC
(858) 755-5166
420 Stevens Avenue, Suite 250
Solana Beach, CA
Expertises
Planning Concerns for Corporate Executives, Ongoing Investment Management, Retirement Planning & Distribution Rules, High Net Worth Client Needs, Advising Medical Professionals
Certifications
NAPFA Registered Financial Advisor, CFP®

Mary Van Nostrand
Duttenhofer Advisory Group
(858) 487-5195
16870 West Bernardo Drive, Suite 400
San Diego, CA
Expertises
Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

Mary Dean
Dean Consulting & Associates
(858) 485-8547
16885 West Bernardo Drive, Suite 209
San Diego, CA
Expertises
Ongoing Investment Management, Planning Concerns for Corporate Executives, Insurance Related Issues, including Annuities, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, CPA/PFS, MBA

Mr. Joseph M. Sebo, CFP®
(760) 433-3399
1034 S Myers St
Oceanside, CA
Firm
R. W. Towt & Associates, Inc.

Data Provided by:
Craig Hillegas
Hillegas Advisory Services
(858) 756-6111
P.O. Box 5010
Rancho Santa Fe, CA
Expertises
Retirement Plan Investment Advice, Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Advising Entrepreneurs, Charitable Giving - Trusts & Foundations
Certifications
NAPFA Registered Financial Advisor, CFP®, MSBA

Jon Beyrer
Blankinship & Foster, LLC
(858) 755-5166
420 Stevens Avenue, Suite 250
Solana Beach, CA
Expertises
Planning Issues for Business Owners, Advising Medical Professionals, Ongoing Investment Management, High Net Worth Client Needs, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, EA

Jean Sinclair
Avenue Advisors, LLC
(858) 581-3824
12707 High Bluff Dr., Suite 200
San Diego, CA
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Women's Financial Planning Issues, Investment Advice without Ongoing Management, Retirement Plan Investment Advice
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, MBA, MS

Mr. Dean Cheatham, CFP®
(760) 439-7822
2125 S El Camino Real Ste 102
Oceanside, CA
Firm
Cheatham Tax Service
Areas of Specialization
Accounting, Asset Allocation, Charitable Giving, Divorce Issues, Education Planning, General Financial Planning, Insurance Planning

Data Provided by:
Mr. Nathan E. Fischer, CFP®
4559 Stratford Cir
Oceanside, CA
Areas of Specialization
Asset Allocation, Investment Management, Men's Finances, Retirement Planning, Risk Management, Socially Responsible Investments, Sudden Wealth Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $100,001 - $250,000

Profession: Business Executives

Data Provided by:
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....

Click here to read the rest of this article at Zacks.com