How can busy executives monitor their retirement asset track?
It goes back to creating a retirement cash flow planning document. It can be put together in just a couple hours time with the help of a financial planner or through one of the brokerage Web sites. That retirement cash flow plan provides a model that helps monitor your progress year-to-year so you can say, ‘At age 53, I expected my retirement assets to be there, and they’re not. I may need to adjust my plan to meet those goals.’ It’s a great tool to help determine where you are in terms of your plan. DAVID SHIELL, CPA, PFS, is president of Financial Horizons LLC in San Ramon, a subsidiary of Armanino McKenna. Dave can be reached at (925) 790-2894 or dave@fhllc.com.
