Basic Areas of Planning Planning for retirement involves making projections and decisions about one’s needs during the retirement years. There are two basic areas of planning:
- Financial Planning: Enables you to ascertain that you will have enough income to cover your expenses and have a life that is in line with your goals once you retire.
- Estate Planning: Designing a program through which the holder’s assets can pass into the hands of the beneficiaries, while lowering the tax burden for the owner/beneficiaries of the plan.
At StateTrust Life & Annuities we advise on the process of integrating the various sources of retirement income and we present solutions that supplement the required income based on an analysis of individual needs.