How Much Retirement Income Will I Need?
For much of your career, income comes from a paycheck. In retirement, it may come from several sources, including Social Security, a pension, retirement accounts, and investments. Retirement income planning brings these sources together to help you understand when you can afford to retire, cover your living expenses, and keep pace with rising costs over time.
At Curo Private Wealth, we help women develop a personalized retirement income strategy designed around their goals, lifestyle, and long-term financial needs.
Looking for a place to start? Explore these articles on calculating how much you need to retire and retirement planning for women.
The Retirement Questions We Hear Most Often
- When should I start Social Security, and how does the timing affect what I receive over my lifetime?
- Should I take my pension as a lump sum or as monthly payments?
- How do I cover healthcare if I retire before I'm eligible for Medicare?
- What can I do about taxes now so I pay less later, and is a Roth conversion right for me?
- How much can I spend each year without running short?
- What do I want to leave behind, and to whom?
We don't hand you generic answers to these. We run your numbers, show you the trade-offs in plain language, and let you choose.
Retirement Planning After You Retire
Retirement planning doesn’t stop when you leave work. Ongoing financial guidance can help you manage your income, adapt to changing markets, and make informed decisions throughout retirement.
- Retirement income and spending: Build a realistic spending plan that accounts for inflation, market changes, and your evolving lifestyle.
- Tax-efficient retirement withdrawals: Determine how and when to draw from different accounts, including planning for required minimum distributions (RMDs) when applicable.
- Investment management: Review and rebalance your portfolio as needed, with guidance to help you stay focused on long-term goals during market volatility.
- Estate and legacy planning: Coordinate your financial strategy with your estate plans and charitable giving goals, if applicable.
- Planning for later life: Consider future care needs, support systems, and financial decisions that may arise as your circumstances change.
Why Women Plan Their Retirement With Curo
- Financial guidance designed for women. We help women navigate retirement decisions with confidence, clarity, and a plan that reflects their priorities.
- Whole-life financial planning. Your family, health, lifestyle, and sense of purpose all play a role in building a retirement plan that fits the life you want.
- A clear process from discovery and analysis to strategy, implementation, and ongoing reviews, we guide you through each step.
- A team supporting your financial future. Our advisors and team work together to provide consistent guidance, whether you meet with us in Reston, Rockville, Richmond, or virtually.
Episode 82
Flipping the Switch From Saver to Spender in Retirement. Why spending your own money can feel harder than saving it, and how to get comfortable.
Episodes 38, 41, and 42
Social Security Myth Busters I, II, and III. A three-part series on the timing decision most people get wrong.
Episode 13
Navigating Medicare with John Norce. A conversation with John Norce about healthcare before and after 65.
Episode 57
Downshifting vs Retiring. For anyone thinking about making work optional before making it disappear.