Retirement Planning Services

Retirement planning is a crucial aspect of securing a comfortable and enjoyable future. We understand the importance of preparing for this stage of life and that not everyone nearing retirement is equally prepared. Our approach to retirement planning revolves around three pillars: Social Security and income planning, Medicare planning, and investment management.

At Arena Financial Advisors, we believe that a complete retirement plan incorporates all three pillars, ensuring a secure and comfortable future. Our team will work with you to develop a strategy that takes into account all aspects of your situation based on all three of these pillars.

Social security provides a reliable, if modest, source of income for retirees. We will help you understand the best time to start collecting benefits, considering factors such as your age, assets, and current income.

Medicare is a federal health insurance program for people aged 65 and older, and we will help you understand the options available and how to maximize your benefits.

Investment management involves creating a tailored investment strategy to meet your specific risk tolerance and retirement goals to secure your future financial well-being so that you can thrive in retirement.

Learn More About Social Security

Retirement Planning at Arena Financial Advisors Social Security is a government-run program that provides retirement, disability, and survivor benefits to eligible individuals. The program is funded by payroll taxes paid by workers and their employers. When an individual retires, they become eligible to receive Social Security retirement benefits based on their lifetime earnings. The amount of the monthly benefit is determined by a formula that takes into account the average of an individual’s highest 35 years of earnings, adjusted for inflation.

Social Security is a crucial component of retirement planning and is an essential source of income for many retirees. It is important for individuals to understand how Social Security works, as it can have a significant impact on their retirement income. Social Security benefits can help provide a steady stream of income and reduce the financial stress that many retirees face. In addition, Social Security provides benefits to eligible survivors and disabled individuals, making it an important part of estate planning as well.

Social Security benefits are designed to be a foundation for retirement planning and are not meant to be the sole source of retirement income. To achieve a secure retirement, it is important to have a diversified retirement income strategy that includes Social Security benefits, savings, and other sources of income.

Our goal is to help clients develop a comprehensive retirement plan that includes Social Security as an important component. Our team of professionals can help guide you through the process of applying for Social Security benefits and help you understand how to make the most of your benefits in retirement.

Social Security Disclosure:
This is not endorsed or affiliated with the Social Security Administration or any U.S. government agency.

Medicare Disclosure:
This is not endorsed by the U.S. government or associated with any federal Medicare program.