Bob & Linda
Couple in Retirement
Discover Pring Turner’s Solution for Bob and Linda
Bob and Linda recently celebrated their 40th wedding anniversary and are looking forward to many more anniversary celebrations in retirement. With their two adult children in great shape and likely to begin growing families of their own, they knew it was time to start focusing on their finances to ensure they enjoyed a precious retirement together. Over the years Bob and Linda were able to build up a substantial retirement nest egg (in various tax-deferred retirement accounts) and as long time Walnut Creek natives, they also had a large amount of equity in their home. Between their 401(k)’s, individual retirement accounts (IRAs), social security, pension payouts, and home they were a little overwhelmed and wanted to make sure they were making smart financial decisions.
The couple agreed that partnering with a financial advisor that could guide them through retirement would be a huge help and allow them to better enjoy their lives. During Bob and Linda’s initial meeting at the Pring Turner office in Walnut Creek, they had questions and shared concerns with a financial advisor: Have we saved enough based on our current spending needs? Should we pay off our mortgage? When should we start taking social security and pension payouts? Which retirement accounts should we start withdrawing from first?
After listening to their questions and discovering what they wanted to achieve in retirement, their Pring Turner financial advisor performed a retirement forecast and simulator that showed the probabilities their valuable nest egg would last them the rest of their lives. Relieved that they were no longer the only ones looking out for their retirement, Bob and Linda really appreciated the tools and guidance Pring Turner provided to help make sound retirement decisions. They were so happy with the process that Bob and Linda recommended their children speak with a Pring Turner financial advisor to kickstart their own financial journey.