As the leaves turn brilliant colors and the weather cools, harvests are underway across the farmlands of America. The bounty that will be headed toward our tables this Thanksgiving is the result of seeds sown months before.

This is an excellent reminder that, in order to reap the rewards of a bountiful retirement, you need to plant the right seeds well in advance.


This is a critical issue for baby boomers, as the results of a 2016 survey on retirement readiness (by PNC Bank) revealed:

  • 83% fear health care costs will be too high in retirement.
  • 74% haven’t reached the $1 million in retirement savings, although they expect to need at least $1.3 million to retire comfortably.
  • 55% worry their savings may not last as long as they will.

So what seeds should you sow to ensure you are not part of these worrisome retirement (un)readiness statistics?

Prepare, Prepare, Prepare

“Due to advances in medical science, life expectancy is increasing, and people are facing the prospect of spending more time in their non-earning, retirement years,” says Robert R. Johnson, president and CEO of The American College of Financial Services. Many of us are going to live longer, and we need strategies to surmount the potentially heavy cost of medical care to protect ourselves and our families.

While traditional long-term care insurance has its drawbacks, there is a new wave of hybrid insurance products that could be financial lifesavers when you need it most. You can research these online or save time and schedule an appointment to see us here at Wittrock Financial Group in Scottsdale, AZ.

Create a Harvest Plan

If you don’t have millions stowed away for retirement (or even if you do) you need to review all your assets and see what changes you might need to make.

Knowing your current assets and anticipated Social Security income, we can craft a plan to ensure you maximize your Social Security earnings with a detailed income plan and optimized claiming strategy.

Will your Social Security income be enough? Together we can explore several scenarios that are custom to your needs and opportunities.

Having helped many clients reap the reward of a bountiful retirement, we are happy to help you:

  • update the retirement plan that we created for you
  • provide a second opinion on a plan created by someone else or
  • begin the process of planting productive strategies for your financial future.

There is no more important action you can take than planning to protect yourself, your family and your nest egg. Call us at (480) 658-0638, email or contact Wittrock Financial Group today.