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Tips to Save and Plan for Retirement

Posted by Bank Mutual on Apr 28, 2016 05:00:00 AM

Topic: ALL

Tips-From-Bank-Mutual

Whether you’re just beginning to save or evaluating if you have enough funds, thinking about retirement can be daunting. The experts at Mutual Financial Group, a wholly owned subsidiary of Bank Mutual, can help answer your questions and develop a retirement strategy to meet your goals.




Working with a financial consultant to create a proper plan can help set you up for financial success in retirement. A plan will include a clear understanding of your goals and the lifestyle you would like to maintain in retirement. It will also provide strategies for working toward those goals.

Factors to consider in retirement planning:

  • Strategies to maximize your social security election options,

  • Health insurance options including Medicare and Medicaid,

  • Housing options like down-sizing or staying in your home,

  • Gifting and leaving a legacy,

  • Investment allocations, considering your liquidity needs, asset growth, and risk tolerance,

  • Investment and insurance beneficiary designations, and

  • Risk factors that may negatively impact your retirement plan outcome.

We know your retirement plan is unique. Our financial consultants will work with you to ensure you have all the information you need to make suitable decisions for your situation.

Evaluate your savings with our Retirement Assessment