7467 State Route 22
New Alexandria, PA 15670
Office: (724) 668-7900
Fax: (724) 668-8083

Retirement Planning

Crafting a financial plan uniquely designed just for you.

Based on experience with our clients, we have developed a process that will help lead you through the six stages of retirement planning. Our advisors follow the stages to develop your personal plan which can help guide you toward your retirement goals in the future.

Establish and define the client-advisor relationship

We begin by educating clients about retirement planning and income distribution challenges, and discuss how we can work together to develop and implement your retirement plan. We need to understand your financial goals, in order to help you define your financial future.

Gather client data, including goals and expectations

The more detailed information we can obtain, the more customized and tailored the retirement plan can be. A sampling of the types of information include;

  • Basic information and general assumptions: name, date of birth, family members, taxes, and health status
  • Projected retirement expenses: “Basic Needs” (e.g., food, shelter, clothing). “Lifestyle Wants” (e.g., travel, entertainment), “Specific Goals” (e.g., college for grandchildren, purchase of a vacation home), and desired “Legacy” for heirs
  • Resources: income from pension, Social Security, rental income, etc., the tax type of each resource, and availability of insurance (life, long-term care or disability income)
  • Other assumptions: risk tolerance, anticipated rate of return, inflation assumptions, and length of projections

Past performance is no guarantee of future results.

Process and analyze information to determine retirement needs

We analyze the gathered data to determine to what level you are meeting your retirement goals with your current strategy. If a gap exists, we offer straight line “what if” alternatives such as retire later, reduce spending, increase returns, save more, etc. If you are married, we then rerun the analysis assuming the death of either spouse in the short term. Finally, we stress test the current strategy to determine the probability of meeting your needs and goals with your current investment allocation.

Develop and present financial planning recommendations and/or alternatives

Based on your input and our analysis, we develop a retirement plan. Our first priority is to plan for your Basic Needs during your lifetime. After your Basic Needs are allocated, we then offer you a variety of suggestions for meeting your Lifestyle Wants, your Specific Goals and your Legacy desires. Once these general options have been considered and finalized, we again stress test the plan to help determine if your portfolio is on track to meet your needs and goals. This is the most important stage — where the planning takes shape.

Implement the financial plan recommendations

Once you have accepted the general solutions outlined in the retirement plan, we present the specific recommendations and products that can help meet your needs, and discuss the pros, cons, risks and costs for each recommended alternative. This helps you to make an informed decision.

Review the financial plan recommendations

Many factors within and outside of your control can impact the viability of your financial plan in the future — a life event, unexpected expenses or income, a change in taxes, etc. We meet with you on a regular basis to check the status of the plan by comparing actual results to initial assumptions and use this analysis to determine if adjustments need to be made.

Click here for information on Social Security and Medicare Planning

Donald McDade, David Estatico, Scott Lauer, Daniel Stephans and Ronald Romeo are registered representatives of Lincoln Financial Advisors Corp.  Securities and investment advisory services offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC) and registered investment advisor. Insurance offered through Lincoln affiliates and other fine companies. It is not our position to offer legal or tax advice. Mosaic Wealth Consulting is not an affiliate of Lincoln Financial Advisors Corp CRN-3170387-072120.

Unless otherwise identified, registered associates on this website are registered representatives of Lincoln Financial Advisors Corp. Securities offered through Lincoln Financial Advisors Corp., a broker/dealer (member SIPC). Investment advisory services offered through Lincoln Financial Advisors Corp. or Sagemark Consulting, a division of Lincoln Financial Advisors Corp. a registered investment advisory. Insurance offered through Lincoln affiliates and other fine companies and state variations thereof. Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Firm disclosure information available at www.LFG.com.

We are licensed to sell Insurance Products in the following states: Alabama, Arizona, Florida, Georgia, Kentucky, Maryland, Missouri, North Carolina, New York, Ohio, Pennsylvania, South Carolina, Texas, Virginia, West Virginia, Wyoming.

We are registered to sell Securities in the following states: Alabama, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Hawaii, Illinois, Kentucky, Maryland, Michigan, North Carolina, New Jersey, New York, Ohio, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington, West Virginia, Wyoming.

*Mosaic Employee Benefits is a separate entity and is not affiliated with Lincoln Financial Advisors Corp.

Not all registered representatives with our firm are able to offer advisory services.
See Lincoln Financial Advisors (LFA’s) Form CRS Customer Relationship Summary, available here, for succinct information about the relationships and services LFA offers to retail investors, related fees and costs, specified conflicts of interest, standards of conduct, and disciplinary history, among other things. LFA’s Forms ADV, Part 2A, which describe LFA’s investment advisory services, Regulation Best Interest Disclosure Document, which describes LFA’s broker-dealer services, and other client disclosure documents can be found here.
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