How much money will you have when you retire and what’s the lifestyle that you’re going to be able to support? Through our advanced strategic retirement planning options, we’ll show you how to save so that you will have the opportunity to reach your financial goals.

Retirement planning involves evaluating your current financial standing and creating an accumulation strategy that will help to ensure your desired retirement lifestyle. Because an individual’s retirement years can span decades, retirement planning generally dominates other financial goals. A successful plan put into place during the wealth-building lifespan should address ways to maximize growth and tax-efficient distributions, as well as how to leave retirement assets to the next generation.

There are several ways to save for retirement:

Qualified plans are employer-sponsored retirement plans such as 401(k)s and pension plans. While there are contribution limits and strict distribution rules, these plans are popular because of their tax benefits. Generally, employers will make participation even more attractive by matching all or a portion of an employee’s contribution. It’s important that you choose the optimum plan to benefit the key people in your company.

IRAs are inexpensive, easy to establish and maintain, and also offer favorable tax incentives. They can be created by an individual or provided by an employer. Most people use IRAs to consolidate retirement savings that were previously held in employer-sponsored plans.

You may find that qualified plans, IRAs, and social security won’t provide enough money to support your desired retirement lifestyle. By identifying your retirement gap, you can develop a strategy for personal savings invested outside of the traditional retirement vehicle.

Business owners or executives may have access to other tax-advantaged retirement savings vehicles. Nonqualified executive compensation is a generic term used to describe a compensation arrangement that provides retirement income—and, in some cases, death benefits—to key employees of a business.

K-Mack Financial, LLC. has the experience and knowledge to help you successfully save for retirement. Contact us today.

Call for a Free Consultation
with Kevin McKenney

(941) 209-9694



K-Mack Financial, LLC is a Fee-Only Registered Investment Advisor. We do not receive any fees or commissions
from any bank, brokerage
house, or insurance company.

Our investment decisions are not
influenced by any criteria that would
benefit us at the expense of the client.
“K-Mack Financial, LLC is in the business of investment management and tax
planning. Decisions are not made as isolated incidents but with an eye on how investments impact taxes and how taxes impact investments.

Smart planning keeps taxes lower. Low tax preparation fees keep costs lower. We do both.