When we think about planning for our retirement years many things come to mind. Decisions regarding our retirement years can be more than we really want to think about. Will I want to take an early retirement? Will I know what to do with all that newly acquired free time? Will I want to volunteer or start another career? Where will I want our home located? What will my needs be during retirement and will my income be sufficient? Will I have responsibilities for our parents or grandchildren? Do I want to travel? The questions can go on and on.
Every stage of your life, from age 30 on, requires different strategies and appreciation of the trends that will affect the elderly and their families. God has provided resources for us and we can continue to trust Him to provide, but it is our responsibility to use them the best we know how.
Your annual statement from the Defined Benefit plan can be a useful tool in your financial planning by giving you projected benefits at different retirement ages. However, if you would like more detailed estimates regarding your retirement benefits, our office would be happy to provide them to you. These estimates include survivor options to further help you in your planning.
If you are a participant of the pension program, you are entitled to a FREE Financial Profile from King Trust (a $400 value), courtesy of the denomination through the Human Resources office.
A Financial Profile is a capital needs analysis which looks at specific financial issues and specific personal financial goals. The Financial Profile allows you and King Trust to fully understand your unique financial situation and is completely confidential. Through it, King Trust analysts will evaluate your:
Based on your Financial Profile findings, King Trust's financial planning team will make recommendations in each area listed above and help you with general financial decisions. The Financial Profile is a valuable service for planning your financial future. This is a very useful tool whether you have many assets or just a few. As an end result, you will have a detailed understanding of your personal financial situation and a plan to take you where you want to go.
Take advantage of this offer today! Call Kirk Hoffman, CLU, CFP, King Trust’s Vice-President of Planning Services, at (800) 325-8975 or find out more online by visiting http://www.fmfoundation.org/kt/financialprofile.aspx.
financial planning