Secure Your Future with Comprehensive Retirement Planning in Wexford, PA

Hampton Wealth Management is fiduciary, acting on your behalf by using our wealth of experience to generate consistent outcomes in your investments and other financial decisions. We urge clients to consider long-term financial planning in Wexford, PA. Early planning helps you be more prepared for your financial future, with the end goal being a financially secure retirement.

When Should I Start Planning for Retirement?

Retirement planning should begin as soon as possible. Most people begin in their early 20s once they leave school and begin earning money. However, it’s never too late to begin saving and investing for the future.

Can Hampton Wealth Management Help Me With Tax-Efficient Retirement Strategies?

Yes. During retirement security planning in Wexford, PA, we advise clients on the types of accounts and investments they can make that will be the most tax-efficient. We also inform clients on how to avoid high taxes on social security income, as well as how to take advantage of charitable giving and capital gains.

What Investment Strategies Are Best for Retirement Planning?

We work with you to find the best solutions for your timeline and lifestyle. The following strategies typically are best for retirement income planning.

• Maxing out your 401k

• Opening an IRA or Roth IRA

• Having a health savings account

• Having a fixed annuity

• Consider inflation when setting a retirement goal

• Develop a withdrawal strategy

What Are Common Mistakes to Avoid When Planning for Retirement?

The major mistakes we see people make are not considering the full picture, including not saving for healthcare expenses, not considering inflation, and banking on social security. Other common mistakes include making poor investments, poor handling of debt, and overlooking estate planning.

If you’re interested in securing your financial future, contact us today to discuss what you can do to properly prepare.