Summit Financial Retirement Planning Services
At Summit Financial Services, a Maryland retirement planning advisor, we understand the importance of retirement savings and offer a variety of retirement planning services to help you achieve your financial goals. No matter if you’re just starting to save for retirement or want help expanding your existing retirement funds, the financial experts at Summit Financial are here to help. Our retirement planning services include the following:
Retirement Savings Accounts
We offer a variety of retirement savings accounts, including traditional and Roth IRAs, 401(k) plans, and SEP IRAs. These accounts offer tax benefits and can help you save money for retirement. We can help you determine which type of retirement account is best for your needs.
Retirement Income Planning
Retirement income planning is the process of developing a plan for generating enough guaranteed income for as long as you have breath in your body. We start by understanding your objectives and priorities, while uncovering potential obstacles along the way. We evaluate your retirement income sources, including Social Security benefits, pension plans, retirement savings accounts, investment accounts and real estate holdings and develop a plan for withdrawing funds in the most efficient order.
Investment management is the process of making smart choices about how to invest money wisely in order to build wealth, increase leverage through collateralization and achieve the best financial goals and outcomes. Our process involves analyzing different investment options, understanding risks, and creating a plan to maximize returns while managing potential losses.
Retirement Planning Workshops
We offer retirement planning workshops that can help you learn about retirement planning and how to save for retirement. Our workshops cover a variety of topics, such as retirement savings options, social security optimization, and retirement income planning. Our workshops are led by experienced retirement planning professionals who can guide you throughout planning for retirement and answer any questions you may have.
Estate planning is the process of planning for the distribution of your assets and your belongings after you pass away. We offer estate planning services that can help you ensure that your assets are distributed according to your wishes and that your loved ones are taken care of. While we are not attorneys and do not draft legal documents, we do help families identify what they need and when/if necessary, refer them to an esteemed estate planning attorney. A proper estate plan should include a balance of legal and financial documents and services to protect what you have built a lifetime to create. It is important to have the right amount of professionals on your side.
Another challenge of retirement planning is keeping up with changes in the economy and financial markets, which can impact the value of your retirement savings. It’s important to have a retirement plan that takes these changes into account and adjusts your investment strategy accordingly.