• Account Access
  • Contact Us

    Pre-Sales Support

    Mutual Funds and ETFs - 800-456-7526
    Monday-Thursday: 8:00 a.m. – 6:00 p.m. ET
    Friday: 8:00 a.m. – 5:00 p.m. ET

    ETF Trading Support - 415-315-6600
    Monday-Friday: 9:30 a.m. – 5:00 p.m. ET

    Post-Sales and Website Support
    Monday-Friday: 9:00 a.m. - 6:00 p.m. ET

  • Advisor Log In

Retirement Readiness

Are You Prepared?

Retirement: it's something you've probably been planning for nearly your entire adult life. Regular contributions to an employer-sponsored retirement plan, Social Security or an annuity are just a few examples. But are you truly ready?

Here are some planning steps to take as you near retirement, especially if it's within the next three to five years.


Review Your Financial Portfolio

  • Meet with your financial advisor at least annually to determine if you're on track to retire as planned.
  • Bring copies of retirement and non-retirement savings statements to provide a complete picture of your net worth. Also bring copies of your past three year's tax returns.
  • Discuss whether you'll have enough guaranteed income—including Social Security and proceeds from a pension, annuity or retirement plan—to cover such retirement essentials as mortgage, taxes, utilities and food.
  • If there are shortcomings, create a plan to address them. Your advisor can design strategies to boost your savings and help ensure your income will keep pace with inflation.
  • Determine if your portfolio is properly balanced for your retirement time horizon and risk tolerance. You may choose to reduce your risk exposure as retirement draws closer.
  • Consider consolidating retirement accounts to make management easier. Your advisor can help with this.


Review Your Insurance Needs

  • Explore healthcare options. Healthcare will be one of your biggest retirement expenses. Be sure you understand Medicare and what it does and does not cover, and the supplemental insurance you may require.
  • Consider long-term care insurance. Your advisor or insurance agent can help you decide if this is an option for you.
  • Review your life insurance needs. Do you have sufficient coverage, or are you overprotected?


As You Approach Retirement

  • Contact the Social Security Administration at least three months before benefits are to begin.
  • Sign up for Medicare within three months of your 65th birthday.
  • Discuss the tax implications of retirement with your tax professional, including the required minimum distributions (RMDs) from your IRAs and retirement plan.
  • If necessary, update or revise your will, durable power of attorney and living will.

Effective planning and regular reviews with your financial advisor can help you make a smooth transition from labor to leisure.

Retirement Planning

Financial planning can be complex. We provide information and strategies to help you navigate the world of investing.

Learn more >

This information is written in connection with the promotion or marketing of the matter(s) addressed in this material. This information cannot be used or relied upon for the purpose of avoiding IRS penalties. These materials are not intended to provide tax, accounting or legal advice. As with all matters of a tax or legal nature, you should consult your own tax or legal counsel for advice.