Modern planning includes dimensions that had not been considered by earlier generations. Some of these dimensions include a longer life expectancy – a person who turns 65 today could be expected to live twenty years or more in retirement, whereas a person a few decades ago would have only been expected to live fifteen years in retirement. These dimensions create a number of new issues that should be addressed when planning for retirement, education, or other goals, but you don’t have to worry – we’re here to make those considerations for you!
Contrary to what many assume, planning for financial retirement is a multifaceted process with a lot of moving parts. At MidWest One, we consider every aspect of retirement planning, such as: