Make the right decisions now so that you can reach the retirement you want on your schedule. Working alongside our planning team, you’ll see how you’re currently doing when it comes to your retirement plans. Get the advice you need to confidently know your plan is on track.
Personalized financial planning solutions for a fraction of the cost that traditional CFPs charge
How does it work?
Our financial advisors will:
Complete an income needs analysis (i.e. how much you’ll need to fund your retirement lifestyle)
Review your current retirement savings and contributions
Stress test your plan based on your specific concerns (i.e. a down market, outliving your savings, a major health event, etc.)
Project the likelihood of success for your current plan
Review your distribution strategy (*for members who are 2 years or less from retirement)
Prepare and present any proposed changes (i.e. changing your contributions, consolidating old retirement plans, reviewing potential tradeoffs, etc.)
Our team will complete a full review of your retirement planning strategy when you get started with us and help you proactively monitor along the way. However, if there is a significant change to your financial situation, please reach out and we’re happy to adjust your plan accordingly.
Your Range financial planners have access to a full suite of industry-leading analysis tools to determine if you’re on track for retirement. Once we capture the data needed for your specific situation, we will populate your account files with some of the key features. That way you can access critical details of your retirement plan without having to comb through a multi-page comprehensive financial plan.
You’re currently contributing 5% of your gross income towards your employer’s retirement plan. By increasing your contributions to 8%, you could improve your likelihood of a fully funded retirement from 70% to 89%. Depending on your HR department, this may take a full pay cycle before the change is reflected, so we recommend you complete this a quickly as possible to begin taking advantage of the tax deferred growth.
Retirement Recommendation Example
Max out your HSA contributions ($7,750 for 2023)
Since you plan to retire prior to age 65, you will need to obtain private health insurance. Contributing now to an HSA will allow you to take distributions for insurance premiums, co-pays, and other out-of-pocket expenses on a tax-free basis instead of funding from either a taxable or retirement account. Increase your contributions to $298 per pay period since you are paid bi-weekly.
Still have questions?
Set up a 1:1 call with our team to get a walk through of the product. Just take a moment to create an account and fill out our form.
Range Finance, Inc. ("Range") is an SEC registered investment adviser headquartered in Mclean, Virginia.
The information presented herein is for educational purposes only and does not constitute investment advice or an offer to buy or sell any security or insurance product. While we believe it to be accurate, we do not guarantee its accuracy or completeness. All examples are hypothetical and for illustrative purposes only. Hyperlinks to third-party content are intended to provide additional perspective and should not be construed as an endorsement of any services, products, guidance, individuals or points of view outside Range Finance, Inc. Range Finance, Inc. does not sell insurance or other investment products and does not receive compensation for the referral of investment opportunities to third parties if individuals elect to purchase the investment opportunities through those third parties. You are encouraged to review this information with your insurance agent or broker to determine the best options for your particular circumstances.
Range Finance, Inc. does not offer tax or legal advice. Interested parties are strongly encouraged to seek advice from qualified tax and/or legal experts regarding the best options for your particular circumstances. Please contact us for more complete information based on your personal circumstances and to obtain personal individual investment advice.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP® (with plaque design) in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.
All third party trademarks, including logos and icons, referenced in this website, are the property of their respective owners. We provide financial planning services by making non-discretionary recommendations on a client's financial outlook. We do not manage client funds or hold custody of assets. Range Finance, Inc. is an SEC-registered investment adviser. All investing involves risk, including loss of principal. Results are not guaranteed.
Range charts and graphs are for illustrative purposes only and do not reflect actual client information. Such information, charts, and graphs are for illustrative purposes only and are not intended to serve as investment advice since the availability and effectiveness of any strategy is dependent upon your individual facts and circumstances. Results will vary, and no suggestion is made about how any specific solution or performed in reality