Transitioning to Retirement
Retirement Income Planning
Corporate Pension Analysis
Social Security Analysis
Account Creation & Consolidation
Investment Management
Medicare Planning
There are many decisions to be made when transitioning to retirement. When you are a client of Hyland Financial Planning we will guide you through all of the major decisions. Hyland Financial Planning will analyze your situation at or before your retirement date to ensure that all of your financial needs are met before leaving the workforce, We will work together to examine your current spending and construct a comprehensive Retirement Plan to support your desired lifestyle.
If you have a pension fund through work, we will analyze whether it is optimal to take a lump sum or monthly income option. If you have yet to claim Social Security, we will examine your current options to ensure you and your family are receiving the largest possible benefit. Lastly, we will review the Medicare system and determine the best option for your health care.
Once your Retirement Plan is determined, we will construct an Investment Plan that supports your retirement needs. This Investment Plan is based on market principles, informed by academic research, and tailored to a client’s needs. Looking at all of your financial accounts (401(k), 403(b), IRA, Roth IRA, Trusts, etc.), we build well-diversified portfolios with low-cost institutional mutual funds and exchange traded funds. Before we invest funds on your behalf, we will review your goals, tolerance for investment risk, time horizon, tax brackets, considerations, and any unique needs you might have.
Finally, we work with and recommend any legal, insurance, and tax professionals that are necessary to bring your financial life in order.