servicesRetirement Planning
At Lumena Financial Strategies, one of our objectives is to help you develop a strategy to maintain your desired lifestyle throughout your retirement years. Our comprehensive retirement planning process includes setting financial goals, developing a monthly budget, and selecting investments to help you accumulate retirement savings. We also address a commonly overlooked components of retirement planning including protection for your income, your portfolio, and your family. Our personal one-on-one approach helps to clarify your goals so we can create a well-designed retirement plan specific to your situation.
Your Next Chapter Starts Here
Retirement planning isn't simply about choosing a retirement date or reaching a savings goal. It's about preparing for a new chapter of life.
For some people, retirement means traveling more, spending time with family, pursuing hobbies, volunteering, or finally having the flexibility to spend each day the way they've always imagined. For others, it means creating the option to work differently, explore new opportunities, or simply enjoy the confidence that comes from knowing they have a thoughtful plan in place.
Whatever retirement looks like for you, our role is to understand what matters most before discussing strategies. We believe the best retirement plans are built around the life you want to live, not the other way around.
Understanding Your Retirement Vision
Before we begin developing recommendations, we take time to understand what retirement means to you. Together, we'll discuss your goals, anticipated lifestyle, income needs, family considerations, and the priorities that will help shape your retirement strategy.
Evaluating Your Retirement Readiness
Next, we'll review the financial resources you've accumulated and identify resources that support your retirement goals. Depending on your circumstances, that may include evaluating employer-sponsored retirement plans such as 401(k) or 403(b) plans, Traditional, Roth, or Rollover Services, pension benefits, Social Security, taxable investment accounts, or retirement planning strategies designed for business owners and self-employed individuals.
Bringing Your Retirement Plan & Vision to Life
Once your retirement strategy has been developed, we'll walk through it together, discuss recommendations, answer your questions, and help you determine appropriate next steps. Retirement planning doesn't end with a written plan. As your life evolves and retirement unfolds, we'll continue reviewing your strategy together and make adjustments as your goals, priorities, and circumstances change.
Every Retirement Journey Is Different
No two retirements follow exactly the same path.
Some people retire earlier than expected. Others choose to continue working in new ways or gradually transition into retirement over time. Family responsibilities, healthcare needs, market conditions, tax laws, and personal priorities can all influence the decisions you make along the way.
That's why we believe retirement planning should remain flexible. Rather than focusing on a single milestone, we help clients create a strategy that can adapt as life changes while remaining grounded in what matters most to them.