Retirement Planning

When it comes to retirement, failing to plan means planning to fail. Creating and sticking to an effective retirement saving plan is the difference between retiring with dignity and security and struggling to make ends meet in what should be the golden years of your life.
Unfortunately, the vast majority of Americans do not plan properly for their inevitable retirement and end up barely eking out an existence when their income level can no longer support their ongoing cost of living.

At Heartland Trust Company we believe that having a deliberate plan for retirement and saving as much as you can from as early as you can, is the key to having robust financial health later on.

Developing Your Retirement Plan

As you formulate a plan for retirement there are several questions to ask and options to consider to determine the approach that will help you achieve your goals.

    At Heartland Trust Company, our retirement planning experts will explore your background to establish your true starting point towards your goal of retirement.

  • How much money do you need to retire comfortably?
  • How much retirement savings do you currently have, if any?
  • When will you be able to retire?
  • Will you continue to work past the retirement age?
  • How can you save more money towards your retirement?
  • Are you eligible to receive Social Security?

Once we establish these basics, your planner will move on to help you create a strategy that maximizes your resources and lays the foundation for having a reliable source of income for as long as you live after your retirement.

It is also important to keep in mind that your current expenses may not reflect your income requirements in the future. Certain expenses, such as medication and health care are likely to increase after retirement and should be carefully considered in your planning.

Our Retirement Planning Services

    At Heartland, we make sure you know all of your options for retirement planning. There are methods for saving for the future through your employment, through your own efforts, or with a combination of both. Some common options are:

  • 401(K) Plans
  • Profit Sharing Plans
  • Pension Plans
  • Traditional IRAs
  • Roth IRAs
  • Simplified Employee Pension Plans (SEP)

No matter which option you choose, our retirement planners are ready to assist you with the information and strategies you need to maximize your income and protect it for the day when your retirement arrives.

    We also help you to calculate the amount of your future retirement income based on your current investments such as:

  • Stocks
  • Bonds
  • Mutual Funds
  • Annuities
  • Real Estate

Instead of worrying about what the future holds, take control of the present and develop a retirement plan that safeguards your financial security.

If you are ready to get started with a retirement plan that gives you peace of mind and confidence for the future, call us at Heartland Trust Company today to discuss your options.

Nick SchommerRetirement Planning