Once you address these questions then we can work together towards developing a plan to reach your retirement goal.

Due to the ever increasing life expectancy of humans, it is necessary to plan on have retirement funds to last between twenty and twenty-five years and, perhaps even longer, depending upon your planned retirement age. When determining the capital that will be necessary for retirement it is wise to address at least three additional areas besides life expectancy:

1. What kind of Retirement Lifestyle do you desire?
2. Will there be Social Security, Other Pension Benefits, or Post-Retirement Income available to you?
3. Will inflation be a major factor?

As a general rule it is wise to plan on having very little, if any, additional capital besides personal savings available to fund your retirement. If additional capital does eventually become part of the equation, then the addition will come as a pleasant surprise during your retirement years. As for inflation, we strongly suggest that you assume some level of inflation in retirement computations. We typically recommend use of an inflation factor based on historical results.

Some of the primary types of investment programs that may be available to you as an investor include:

• Traditional IRA’s
• Roth IRA’s
• 401(k) Plans through an Employer
• 403(b) Plans for Non-Profit Organizations
• IRA Rollovers from Qualified Retirement Plans
• SIMPLE IRA’s
• SEP’s
• Variable Annuities^*

Not all of these plans will be available to every investor. For example a self-employed individual will likely not have the opportunity to invest in an employer-sponsored 401(k) Plan however, the self-employed individual may instead be able to utilize a SEP or SIMPLE IRA.

At Richest Capital our Retirement Programs explain how one can maximize the use of these and other investment plans in formulating a retirement plan. After deciding which investment plan or plans work best, we can work with you in determining what investment vehicles will work best for you within the selected investment plan(s). Some Investment Vehicles include:

• Mutual Funds (Stock, Bond, or Balanced)^*
• Individual Stocks^*
• Individual Bonds (Both Taxable and Tax-Exempt)^*
• Individual Preferred Stocks^*

The mix of investment vehicles such as those listed above is often referred to as an individual’s Asset Allocation. We can work with you in determining what type of allocation you will be most comfortable with. This will be largely dependent on your comfort with risk and your time horizon.

At Richest Capital we believe that Retirement Planning does not stop when you reach the retirement goal. Instead, planning becomes even more crucial after you reach retirement, particularly with regard to Asset Allocation (the mix of your investment vehicles). In addition to assisting you in reaching your retirement goal, a solid retirement plan should enable you to maintain your desired lifestyle throughout your retirement years.