Aug 06

What are Your Life Goals?

Tag: retirementParagon Wealth Management- Shannon @ 4:33 pm


photo by kamoteu 

Where do you see yourself in five, 10 or 20 years?

Where do you see yourself financially in this time frame?

Do you want to pay off your house, be debt free, travel, etc.?

Most people don’t think about these things very often. They go from day to day without really thinking about their long-term plan. Retirement seems like it will never come, and since it is so far away, they don’t need to think about it.

You can begin planning and thinking about retirement at any age. Each person’s situation is different, but the earlier you can start planning for your retirement the better.

 As you start planning, you may have several questions such as:

  • How much do I need to save to be able to be financially independent when I retire? 
  • At what age should I retire?
  • Considering all the trade offs, when I retire, which employer options are the best ones?
  • How much can I afford to withdraw from my investments now that I am retired?
  • How conservatively or aggressively should I invest my retirement funds?
  • How do I maximize the tax efficiency of my retirement plan?
  • Are my beneficiary designations set up to minimize future taxes?
  • Is my estate plan optimized with my retirement plan?
  • What is the best way to leave a legacy to my family?
  • The list of questions could go on and on and may seem overwhelming. However, there is a clear path towards retirement and Paragon Wealth Management can help.

    The decisions you make prior to and during your retirement years are some of the most important decisions you will ever make. Paragon can help make those decisions easier.

    One Response to “What are Your Life Goals?”

    1. Mike Harmon says:

      I must say this is a great article i enjoyed reading it keep the good work :)

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