Retirement Planning

Rollins Financial partners with clients to ensure they have sufficient assets to pay their bills and live the kind of life they’ve worked hard for upon retirement. Retirement planning involves analyzing current assets, discussing goals, and developing an investment plan that gives you the best chance to live out your retirement in comfort.

The advisors at Rollins Financial are fiduciaries for our clients. Legally, a fiduciary duty is the highest standard of care for clients. We will never take a commission from any financial product recommended to you, including insurance policies, and it is our legal and ethical responsibility to pursue your financial best interest in good faith.

Surely, a financial advisor should always act in the interest of the client and not in their own, right? Not necessarily… Many financial advisors are basically salespeople. There is a great deal of talk about trust in the financial services industry, but you should always do your due diligence before spending your money, whether in the market or on insurance policies. Entrusting your financial resources only to unbiased fee-only asset managers is a great place to start. We’ll work with you to create a retirement plan that is attainable and sufficient for all your family’s needs.

When do you hope to retire? How much will you need to budget to live on? How can you pay off your debts prior to retirement? When should you start receiving your Social Security benefits? There’s a lot to consider as you prepare for a post-professional life.


Budgeting is a key retirement consideration. Financial planners typically recommend that retirees need about 80% of their pre-retirement income. You’ll be spending less on contributions to retirement plans and payroll taxes as well as work-related expenses such as transportation and clothing.

Retirement can also present new expenses, though. You may have to pay for that river cruise through Europe you’ve always wanted or the fancy RV you plan to visit the grandkids in. Rollins Financial can help you firm up the numbers you need for a comfortable retirement.

Figuring out how much you need to save and choosing the right vehicles to do so is the first step. Before establishing a brokerage account or other investment strategy, you should take full advantage of the tax-advantaged savings options legally available to you: IRAs and 401(k)s. Far too many people miss out on financial benefits available to them through these accounts.

Ways to Save

IRAs are a great way to supplement the income generated from Social Security or any employer-sponsored retirement plan you may have. They are easy to establish and offer a great deal of flexibility with regard to the financial products you may invest in.

There are different kinds of IRAs—traditional, Roth, SEP (Simplified Employee Pension), and Inherited—each with its own unique advantages. Rollins Financial’s tax and investment experts will walk you through the ins and outs of each, and help you choose the account that’s best suited to your income, retirement goals, and individual needs.

401(k)s and 403(b)s can be powerful savings tools for individuals, allowing employees to compound their retirement saving through employer matches and reap the benefits of tax deferment until retirement. The basic employee compensation limit for 2019 to a 401(k) is $19,000, with a catch-up allowance of $6000 annually if you’re over 50.

The expert advisors at Rollins Financial can help you take the concrete steps you need to take upon approaching retirement. If possible, you need to liquidate all debt before retirement, or at least have a good plan for servicing that debt. You’ll need to make decisions about how long to work and how to handle the increasing challenges of elder health care.


There’s a lot to consider as you prepare for a post-professional life.

Rollins Financial can help you take the concrete steps you need to take upon approaching retirement.

Medicare is a great benefit to most people, but it doesn’t cover everything. You’ll need to budget for long-term care options, and services like vision and dental care. If you plan to retire before age 65, you’ll need a plan to bridge the gap between your employer-provided health coverage and Medicare.

You’ll receive more Social Security benefits if you wait to start receiving it. Most people qualify to start receiving Social Security income at age 62, but your benefits will be greater if you wait until your full retirement age(FRA). Your FRA depends on when you were born. For people born after 1960, that age is 67. If you are in good health and expect a long retirement, it makes sense to wait until age 70 to start receiving your benefits due to credits available for delaying benefits past your FRA.

Your retirement strategy will change over time. Early in your work life, you’ll want to sock away as much as possible. The earlier you start saving, the more that money will compound over time, giving you more flexibility as you approach retirement. Your investment strategy will shift as you approach retirement, as well. We can help you modify your portfolio away from riskier investments as your target retirement age approaches.

There is inherent risk in investing. We can’t guarantee that all the investment choices you make will return profits as you prepare for retirement. We can guarantee, though, that Rollins Financial will always have your long-term financial goals in mind and will work for your well-being. We’ll create a retirement plan to give you peace of mind today and financial security later in life.