Retired and Building a Legacy

Retirement And Legacy Planning

With our Eagle Wealth Consulting team by your side, retirement can be a highly rewarding and gratifying time in your life. Not only do we have years of experience planning and executing successful retirement plans, but our skilled consultants can also help you prepare for the unexpected while building a legacy to care for your family and loved ones. We’ll work together to clearly establish your goals and determine how you can spend responsibly, save for the future, and donate your hard-earned resources to deserving causes. Our diligent team will also review your estate documents, ensuring that everything is up-to-date and in line with current legal requirements. With meticulous planning and unwavering respect for your vision and goals, our team will craft a retirement plan that serves you and your family for the years to come.

Assessing Your Retirement Expenses

Our Eagle Wealth consultants understand that securing your family’s financial future is your #1 priority throughout retirement. While we do help you build a lasting legacy for your loved ones, it’s crucial to evaluate your current expenses and overall retirement budget before you start to give away money or divide it between members of your family. Together, we’ll carefully design a comprehensive financial plan that meets your personal goals and spending needs, and then consider how you would like to distribute any remaining funds. With an accurate understanding of your month-to-month expenses, you can objectively establish your retirement budget and decide how to donate or give to others later in life.

Ways to Give

Because there are only three things you can do with a dollar — spend it, save it or pay taxes — it becomes increasingly important to understand the different ways that you can give money to the people and causes you to hold dear during retirement. Our proactive team can show you how to keep giving to organizations or causes that are important to you, even within the bounds of your new retirement budget. Perhaps you would like to leave a highly appreciated stock for a direct donation to a charity, retain possession of it until your passing or even give it to your heirs tax-free. The possibilities are endless, and we have the expertise necessary to navigate financial donations in ways that will benefit you and your family long-term.

Updating Your Estate Documents

Despite the fact that most people would like to leave a legacy for their family and future generations, Forbes reports that only 18% of people over the age of 55 have the legacy plan essentials — a will, healthcare directive and durable power of attorney. This staggering statistic highlights the need for retirees to prepare themselves for the unexpected, all the time making matters simpler for their family if something were to happen. Not only will our Eagle Wealth consultants help you gather the necessary documents to get your estate in order, but we will also verify that everything is in accordance with the current law. Working in collaboration with an estate attorney, our thorough team will ensure that the proper estate documents are completed and on file, effectively securing your family’s future.