It starts with savings. But there's a lot more to it.
At The Bank of Missouri, we'll work with you to figure out your long-range income needs, discuss ways to grow your money, and help you take the right actions toward the financial future you want.
Retirement Planning
The ideal retirement? To some, it's rocking on the front porch. For others, it's chasing one adventure after another. The bottom line is that financial decisions you make today can help pay for tomorrow's perfect lifestyle. Our experienced team can help you put a plan in place.
Envision your retirement
Think about what you want your retirement to look like. Will you move? Will you travel? How, and with whom, will you spend your time? How will things change as you move through your retirement years? Start to “picture” your ideal retirement phase of life. It starts with a vision and then our team will do everything we can to help make that a reality.
What’s your number?
- Rather than a balance, it helps to start with an income target.
- What will your expenses be? How much income do you need to replace?
- How much will you receive through income sources such as Social Security and pension payments?
Consider these factors as you make savings decisions today that will impact your future. Our team is here for these discussions. Bring us your numbers and let’s make them into a plan.
Your plan is personal
It's important to tailor your retirement planning to your own unique circumstances with the flexibility needed to adjust to life's changes. It all starts with understanding your goals so we can determine how to make your funds work best for you. From the foundation of a sound strategy, you'll have the opportunity grow your assets and your income stream.