Are You Prepared to Climb Mount Retirement?

(DALLAS-FT. WORTH, TEXAS — DFW Retirement Planners News) World-famous mountain climber Ed Vesters writes that most casualties of mountain climbing happen during the descent down the mountain. Vesters says the mistake climbers make is to prepare for the ascent up the mountain without anticipating the challenges that occur during the descent. Our lives in retirement can be similar. We spend our lives working hard accumulating our retirement nest eggs (the ascent) but meet the real challenges during the retirement years, or the descent down the mountain. Britni Levensailor recently talked about being prepared for the challenges that occur in retirement on her weekly radio show, DFW Retirement Radio on 820 WBAP Radio.

Levensailor, who is a VP and Senior Planner at DFW Retirement Planners said, “At our firm we help our clients prepare for the challenges that will happen in retirement, or we as call them the headwinds. And just like a descent down the mountain, when you anticipate the challenges you can be prepared and persevere.”

Levensailor identified some of the most important retirement headwinds as tax planning, medical expenses and planning for longevity. She added, “Each of the headwinds we discuss with clients are challenges that can be anticipated and planned for. So instead of being a surprise or a shock during  retirement, the headwind is a planned event. Taxes, medical expenses and planning for longevity are three headwinds that we focus on with our clients. With regard to taxes, we want to make sure that our clients are not overpaying. With medical expenses, we work with our clients to make sure they’re prepared for the increased medical costs and maximizing their benefits. And planning for longevity is critical. Most people underestimate their life span. At our firm, we plan with our clients through age 100.”

DFW Retirement Planners offer a complimentary initial consultation in their Dallas or Ft. Worth offices. For more information, click here or call 888-774-4492 (888-7-PIGGY-BANK). DFW Retirement Radio is broadcast Saturdays from 2-3 PM on 820 WBAP Radio. To listen live, click here.