As you climb the retirement mountain you are trying to accumulate as much wealth as you can. Everyone climbs the mountain at a different pace, but everyone is looking forward to the view from the top of the mountain. You cannot wait to get to the top and reach “retirement” or financial independence that affords you the opportunity to never work again if you choose so.
What do you think is the most dangerous part of the Mount Everest climb? Surprisingly, experienced climbers tell us it is on the way down after they have reached the top. Your retirement mountain is no different. What most people don’t realize is once we get to the top of the mountain we must successfully navigate our way down. In retirement planning, we call this distributing your wealth or spending your money in retirement. As you start to spend your money in retirement the threats you face will change.
At Camas, we use a variety of strategies that will help you grow, access and protect your retirement income in the most tax-advantaged methods possible. We want to provide the planning opportunities to help you secure the retirement that you are planning for.