Retirement Planning

Retirement Planning Counselors in New Jersey

The Importance of Retirement Planning

In our youth, thinking about retirement always seemed so far away, however, as we get older, that feeling of security that we will have enough money to live comfortably in retirement takes on greater and greater importance. Ecliptic Financial Advisors can help you with a number of aspects of managing your financial future, such as:

  • Evaluating investment opportunities
  • Understanding the role inflation plays in managing retirement expenses
  • Keeping up to date with changes in tax laws and regulations
  • Choosing the right insurance policy and understanding Medicare options
  • Reviewing potential sources of income in your retirement

If you’re in the position of trying to save for your retirement at the same time you’re trying to save or pay for your child’s college education, you have even more financial challenges. Trying to make sense of these investments all by yourself is not only extremely stressful but may also be ineffective in helping you to achieve these goals. Consulting a financial professional can easily pay for itself by saving you time, money, and providing peace of mind in these stressful situations.

The Benefits of Working With Retirement Planning Professionals

While you’re considering whether professional retirement planning counseling is right for you, you should know that the statistics regarding working with a financial professional for retirement planning can be eye-opening. According to a LIMRA Retirement study, 60 percent of those who work with a financial professional are confident they will be able to live the retirement lifestyle they want vs. only 33 percent of those who do not work with a financial professional.

And these results are not surprising when you consider that, according to the same study, the same 60 percent are very involved in monitoring and managing their savings, while only 37 percent of people without a financial professional can say the same. It is clear that having the right financial professional can make a huge difference in retirement, at the very least, for the peace of mind of the future retiree.

How Ecliptic Financial Advisors Can Help With Retirement Planning in New Jersey

According to a T. Rowe Price Survey, almost 30 percent of parents are using their 401(K)s to save for their kids’ college tuition. That’s not retirement planning at all! Unfortunately, many people don’t know how to save for both college and their retirement at the same time. Have no fear, Ecliptic Financial Advisors is here to help!

Ecliptic Financial Advisors is unique among retirement planners in New Jersey as we offer solutions for families who are planning for both retirement and their child’s education at the same time. We feel these two financial opportunities go hand-in-hand, and saving for college and retirement at the same time is a natural fit. By positioning ourselves as both college and retirement professionals, we simplify the process, allowing you to make one plan with two parts, rather than trying to make two separate plans at two different times.

To learn more about our retirement and college planning services and how we can help you achieve your retirement planning goals, contact us at 732-502-9700 today!

Ecliptic Financial provided us with excellent service, tools and advisement for both our daughters’ college selection, FAFSAs each year, scholarships, and funding strategy for college and retirement. They are always available to us with stellar support.

— Cecilia