Retirement Planning Rogers AR

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.

Ms. Nancy Millikan-Schell, CFP®
(800) 544-7839
2520 Pinnacle Hills Pkwy
Rogers, AR
Firm
Wells Fargo Advisors LLC
Areas of Specialization
Comprehensive Financial Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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



Data Provided by:
Mr. Mitchell L. Lockhart, CFP®
(479) 464-7111
2520 Pinnacle Hills Pkwy
Rogers, AR
Firm
Wells Fargo Advisors LLC
Areas of Specialization
Asset Allocation, Comprehensive Financial Planning, Education Planning, Employee and Employer Plan Benefits, Estate Planning, General Financial Planning, Investment Management
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Business Executives

Data Provided by:
Mr. Scott Washburn, CFP®
(479) 271-8350
5414 Pinnacle Point Dr Ste 100
Rogers, AR
Firm
Stifel Niclaus
Key Considerations
Average Net Worth: $100,001 - $250,000

Average Income: $50,001 - $100,000

Profession: Service Professionals

Data Provided by:
Ms. Carla L. Chastain, CFP®
(479) 845-1060
5302 Village Pkwy Ste 1
Rogers, AR
Firm
Chastain Financial
Areas of Specialization
Business Succession Planning, Comprehensive Financial Planning, Education Planning, Estate Planning, Insurance Planning, Life Planning, Life Transitions

Data Provided by:
Mr. Leonard K. Fettig, CFP®
(479) 273-7772
6028 Stoney Brook Rd Ste 4
Rogers, AR
Firm
Fettig & Associates
Areas of Specialization
Asset Allocation, Estate Planning, Investment Planning, Life Planning, Life Transitions, Planning for Couples, Retirement Income Management
Key Considerations
Average Net Worth: Not Applicable

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



Data Provided by:
Mr. James L. Smith, CFP®
(479) 366-5683
2522 Pinnacle Hills Pkwy
Rogers, AR
Firm
Great Southern Bank
Areas of Specialization
Banking, Mortgages
Key Considerations
Average Net Worth: $500,001 - $1,000,000

Average Income: $250,001 - $500,000



Data Provided by:
Mr. Jentry K Jones, CFP®
(479) 841-7825
5050 Northgate Road
Rogers, AR
Firm
N/A

Data Provided by:
Mr. Lyle G. Shields, CFP®
(479) 936-7880
1526 Scott Circle
Rogers, AR
Firm
Lyle Shields

Data Provided by:
Braden Hill
4201 W. New Hope Rd.
Rogers, AR
Company
Title: President
Company: Pinnacle Hills Financial Services LLC
Type
Investment Advisor Rep: Yes
Registered Investor: Yes
Years Experience
Years Experience: 13
Service
Pension for Highly Compensated Owners,Stock Market Alternative,Wealth Management,Annuities,Alternative Asset Class Planning,Investment Consulting & Allocation Design,Business Succession & Liquidation Planning,Retirement Income Distribution Planning,Education Funding & Financial Aid Planning,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Life Insurance,Investment & Portfolio Management,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Estate Tax Planning,Asset Protection Strate

Data Provided by:
Raymond A. Evans Iii, CFP®
(479) 936-7890
409 W Poplar St
Rogers, AR
Firm
Ozark Financial Services of NWA, Inc.
Areas of Specialization
Accounting, Asset Allocation, Comprehensive Financial Planning, General Financial Planning, Insurance Planning, Investment Management, Investment Planning
Key Considerations
Average Net Worth: $500,001 - $1,000,000

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

Profession: Not Applicable

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....

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