Retirement Planning Services
Whether you’ve worked for decades or are just starting your career, HSC Wealth Advisors is here to help you prepare for the future. Our Virginia-based retirement planning team will work with you to determine the right wealth management steps for your goals.
The Importance of Retirement Planning
The future is uncertain, and it can take time to build wealth. Consequently, the sooner you begin planning for retirement, the easier it will be to meet your long-term goals, whatever that looks like. Starting early also lets you:
- Invest less while earning more
- Reduce current income taxes
- Grow your retirement options
When you partner with a financial advisor for retirement, you benefit from years of experience and firsthand expertise you may not get otherwise. Whether you dream of traveling the world or living a comfortable life at home, our Certified Financial Planners can guide you through the entire journey so you can secure the future you want.
Your Retirement Account Options
There are many types of retirement accounts to choose from, each with unique pros and cons. Here is a glimpse at some of the options HSC Wealth Advisors can help you with:
- 401(k): 401(k)s are employer-sponsored retirement plans. Typically, you’ll automatically contribute pre-tax dollars, which your employer may match up to a certain percentage so your money can grow faster.
- 403(b): 403(b)s are tax-exempt retirement plans for public school employees and people working in qualifying organizations such as charitable entities and churches. Just like a 401(k), you may receive matching contributions from an employer.
- Traditional Individual Retirement Arrangement (IRA): Traditional IRAs are managed by individual policyholders rather than employers. With this plan, your contributions may be tax-deductible.
- Roth Individual Retirement Arrangement (Roth IRA): Unlike a traditional IRA, a Roth IRA does not offer tax deductions for your contributions, but you can withdraw the money tax-free when you reach retirement.
- Saving Incentive Match Plan (SIMPLE) IRA: SIMPLE IRAs are retirement plans established by an employer. Employers contribute pre-tax dollars to the plan on your behalf, and you are not required to make contributions.
- Simplified Employee Pension (SEP): SEP plans are established by small business owners or self-employed individuals for themselves and their employees. The contributions have higher contribution limits than IRAs and can reduce your taxable income.
Our Retirement Planning Process
When you partner with HSC Wealth Advisors, we’ll start by getting to know you and your goals, including:
- Your current finances
- Your retirement plans
- Possible tax strategies
- Investment options
After we complete the introductory and analysis phase, we’ll create a retirement plan that aligns with your needs and work with you to keep things on track. Our retirement planning services also include regular updates and performance reports, so you can have peace of mind even when markets shift.
Why Choose Us for Retirement Planning Services
Retirement planning and wealth management are as impactful as they are complex. The right financial advisor can make all the difference, and HSC Wealth Advisors offers several unique advantages.
A Fee-Only Firm
Our retirement planning services are fee-only, meaning we accept no commission or compensation from any other sources. In addition to preventing conflicts of interest, this helps us focus on what matters most to you and aligns with your unique financial goals.
An Accredited Investment Fiduciary
The HSC Wealth Advisors team members are Accredited Investment Fiduciaries and Certified Financial Planners. These credentials and professional affiliations show our dedication to fiduciary responsibility and ethical standards.
Retirement Planning for Virginia and Beyond
While our office is based in Lynchburg, Virginia, we serve clients nationwide. Whether you need retirement planning in Virginia or anywhere else in the U.S., HSC Wealth Advisors can help you.
Contact the HSC Wealth Advisory Team Today
Are you ready to begin your retirement savings journey? You can request a call from HSC Wealth Advisors today to learn more about our retirement planning services and how we can help you.
CONNECT WITH OUR EXPERTS TODAY
Our services are generally best suited for individuals with $500,000 or more in eligible investment assets. Call us today at 434-201-3419 to learn more.
