GEN X

BORN 1965-1981

When you’re a Gen X-er, you’re typically focused on others in your family—like getting your kids through college and taking care of aging parents. Are you taking care of yourself?

Gen X is sometimes known as “the sandwich generation” because you’re squeezed between raising kids and taking care of parents—often while working full-time. You’re the one providing stability to everyone else, but you need to make sure you are in the right position to continue to do that. Working with us allows Gen X-ers to get real-life, practical financial advice from a firm that understands you. And we are a fiduciary, which means we are legally obligated to put your best financial interests ahead of any other consideration.

TAKING CARE OF YOU FIRST…

THEN OTHERS

Our focus will be on you and your spouse, making sure you have a plan in place and reviewing it regularly. Don’t worry, we won’t forget about your kids and your parents or leave them out of your plan. Every family has unique goals, and we will start there. Through the years, your priorities will change, and we’ll work with you every step of the way. We’ll also help you put an estate plan in place, working closely with your attorney (or we can recommend one for you).

Will you ever be able to retire? Beginning in the year you turn 50, many retirement plans and IRAs
allow additional catch-up contributions. For eligible HSA owners, the
additional HSA contribution generally begins at age 55. We can help
you assess the best ways to reach the point where you can retire.
Together we’ll put a plan in place that will include your estimated
desired lifestyle expenses in retirement and a solid plan to help
generate enough income in retirement to meet them. RISK Your retirement time horizon is growing shorter, but you still need to
build up your nest egg. You’ll want to take advantage of opportunities
that offer more safety along with growth. We will work closely with you
to assess your risk tolerance. That said, we lived through 2008. We are
a risk-averse firm, and we keep your risk tolerance at the forefront
when our team is designing your custom financial and retirement plan. TAXES Everyone, at every age, needs to minimize taxation and utilize
tax-advantaged investments and strategies, but tax planning is critical
for Gen X. That is why Chip and Renee Wittrock emphasize
tax-efficiency as an essential part of everything we do.

YOUR FINANCIAL PLAN

Whether you need to make sure you have adequate protection in place for your spouse in case of disability or untimely death, need to pay for college tuition and expenses, want to make sure you or your parents have long-term care insurance, want to make sure you are saving adequately for retirement or any other financial goal, we encourage Gen X-ers to sit down with us for a no-obligation consultation.

STAY IN

TOUCH

OUR OFFICE
Chip Wittrock, Financial Advisor
Renee Wittrock, Business Development Manager
Wittrock Financial
1719 Hill Avenue
Spirit Lake, Iowa 51360

PHONE
800-725-8780

info@lifeaudit101.com