Ready to Retire

Some important tips to consider as you begin to step into your retirement years.  

Living in Retirement

Adjusting your lifestyle as you age, accommodating healthcare considerations, making the most of social security, planning your estate, anticipating and adjusting to shifts in the economy…when you reach retirement, money management looks a little different. It’s never too soon to start planning.  

In this important phase of life, your local TowneBank banker can be a valuable point of contact for all sorts of resources, including Towne Wealth Management and Towne Benefits. Towne Investment Group can work with you to set up a comprehensive strategy for growing your funds until you need them and then withdrawing and using them wisely. Towne Benefits can provide priceless health insurance planning advice, including understanding and navigating Medicare.   

Now is a great time to contact your TowneBank professionals and start this conversation.  

Use this calculator to see how long your retirement savings will last. This is based on your retirement savings and your inflation adjusted withdrawals.

Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Track your savings, set goals, create budgets and more with Money Management, available in Towne-Personal Online Banking. 

 
 

Only deposit products are FDIC insured.

The information provided is not intended to be legal, tax, or financial advice or recommendations for any specific individual, business, or circumstance. TowneBank cannot guarantee that it is accurate, up to date, or appropriate for your situation. Financial calculators are provided for illustrative purposes only. You are encouraged to consult with a qualified attorney or financial advisor to understand how the law applies to your particular circumstances or for financial information specific to your personal or business situation

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Towne Wealth Management Andy Rivenbark

Towne Wealth Management

Professional guidance on expanding your retirement, saving for college, or building your wealth. 
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