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People often confuse retirement planning with estate planning, and for understandable reasons: they associate both types of plans with their “Golden Years,” causing them to put off making arrangements for both. However, taking initiative to put these plans in place with expert help will not only benefit you and your family down the road, but give you peace of mind today.
How will you support yourself once you exit the workforce? Will you have enough income to travel or pursue your interests, or will you just barely scrape by? Will you live independently, or will you have to rely on relatives to support you? A good retirement plan ensures you can live the life you imagined for this special season.
Questions to consider when thinking about retirement:
Did you know that estate planning is actually part of retirement planning? Think of your estate plan as one piece of the big picture of your later years.
Specifically, the estate plan refers to the time you are deceased or otherwise incapacitated, such as in the case of a serious illness. It ensures that your wishes will be met in terms of medical care and that your hard-earned wealth will remain intact as it passes to your loved ones. Without a plan, the government steps in to call the shots.
Questions to consider when estate planning:
As comprehensive retirement and estate planners, the experts at Wylkan Law can help you navigate all aspects of your retirement plan, including your estate plan, so that you and your loved ones can live with the reassurance that your wishes will be met. Avoid the confusion of government-directed probate by taking charge of your future today.
Learn more about estate and retirement planning through one of our free webinars. Click here to check them out.« Back to Blog