Early Distribution from Retirement Funds Winston Salem NC

Most people view retirement planning in Winston Salem as a lifelong savings project to reach some point in their later years when they can completely give up work and then do the activities they enjoy most. This has, and remains the traditional way for most people. There have been changes in that philosophy at a much greater rate in recent years.

Barry Swaim
Wealth Management Group, Inc.
(336) 760-4829
3401 Healy Drive
Winston-Salem, NC
Expertises
Retirement Plan Investment Advice, Planning Issues for Business Owners, Retirement Planning & Distribution Rules, Investment Advice without Ongoing Management, Middle Income Client Needs, Tax Planning
Certifications
NAPFA Registered Financial Advisor, CFP®

Mr. George H. Knostman Iv, CFP®
(336) 884-0410
Sharrard, McGee & Co., P.A.
High Point, NC
Firm
Sharrard McGee & Company

Data Provided by:
Ms. Beth T. Fenimore, CFP®
(336) 727-8928
100 N Main St Ste 2500
Winston Salem, NC
Firm
Morgan Stanley & Company Inc

Data Provided by:
Robbie O'Neil Chandler, CFP®
(336) 734-1039
100 N Main St Ste 2400
Winston Salem, NC
Firm
Deutsche Bank Alex Brown
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Employee and Employer Plan Benefits, Estate Planning, Insurance Planning
Key Considerations
Average Net Worth: $1,000,001 - $5,000,000

Average Income: $250,001 - $500,000



Data Provided by:
Joe Boone
942 W. 4th Street 202
Winston Salem, NC
Years Experience
Years Experience: 8
Service
Pension for Highly Compensated Owners,Stock Market Alternative,Wealth Management,Annuities,Long-Term Health Care Planning,Annuity Ideas & Strategy Planning,Retirement Income Distribution Planning,Life Settlements,IRA, 401k, Roth IRA, QDRO Rollovers,CD Alternative,Life Insurance,Alternative Asset Class Planning,Commission-Only Financial Planning (Full Disclosure),Estate Tax Planning,Asset Protection Strategies & Planning,Wealth Engineering,401k Rollover From Employer,Income for Life/ Preserve Pri

Data Provided by:
Gregory Yahn
Yahn Financial Planning
(336) 478-2363
7800 Airport Center Drive, Suite 401
Greensboro, NC
Expertises
Middle Income Client Needs, Investment Advice without Ongoing Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, MBA

Mrs. Laura E. Banasiewicz, CFP®
(336) 774-2808
P.O. Box 26043
Winston Salem, NC
Firm
Allegacy Investment Group

Data Provided by:
Mrs. Jennifer Wingler Johnson, CFP®
(336) 397-1406
524 North Trade Street
Winston-Salem, NC
Firm
Blue Rock Advisors

Data Provided by:
Mr. Charles J. Wondra, CFP®
(336) 747-8919
1 W 4th St
Winston Salem, NC
Firm
Abbot Downing
Areas of Specialization
Asset Allocation, Business Succession Planning, Charitable Giving, Comprehensive Financial Planning, Estate Planning, General Financial Planning, Intergenerational Planning
Key Considerations
Average Net Worth: $5,000,001 or more

Average Income: $1,000,001 or more

Profession: Business Executives

Data Provided by:
Mr. Bryan D. Yates, CFP®
(336) 721-4916
100 N Main St Ste 2500
Winston Salem, NC
Firm
Morgan Stanley Smith Barney

Data Provided by:
Data Provided by:

Early Distribution from Retirement Funds

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A New Way Of Looking At Retirement Planning

Author: Cheryl Marland

Most people view retirement planning as a lifelong savings project to reach some point in their later years when they can completely give up work and then do the activities they enjoy most. This has, and remains the traditional way for most people. There have been changes in that philosophy at a much greater rate in recent years. For some people the idea of accumulating such a large sum of money just seems impossible, therefore they are breaking the project down into more manageable levels.

But, the first way to examine this newer view on retirement is to question the whole idea of ONE retirement. Why wait, many ask? Why not have a number of “mini-retirements” along the way?

A mini-retirement can mean anything from a few weeks off doing something completely new, to a few months of actually living in an exotic location or city.

The idea is to do the things you have always wanted to do before you are too old and risk never getting the opportunity.

As for the funding to do this, well you may have to re-think that as well. The first exercise you must engage in is a careful examination of what you actually need on a monthly basis to live on and live out your mini-retirement. In doing this you probably see a lot of segments of your lifestyle where you can economize or simplify in order to more readily achieve your mini-retirement goals.

For instance, are you finding you are house-poor? Maybe you could downsize your living arrangements and expenses drastically. After all, you are going someplace new on your mini-retirement…who needs those extra burdens!

Once you have a figure you can live with for a monthly income, you need to start working on ways to generate income that has little to do with spending your time to get a paycheck. You should try to find a way to generate income in such a way that it can quickly be repeated and repeated again. Selling a product on the Internet is one growingly popular method.

If you can think creatively about how to generate that monthly figure in as efficient way as possible, retirement planning may take on a whole new meaning.

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Article Source: http://www.articlesbase.com/personal-finance-articles/a-new-way-of-looking-at-retirement-planning-1178998.html