Our Clients

The Stages of Retirement Planning

Generally speaking, there are three phases of retirement planning: the accumulation phase (ten or more years prior to retirement), the transition phase (five years prior), and the preservation phase, which lasts throughout all of the years of retirement. At Coppola Wealth Management, we frequently work with high net worth individuals, families, and small business owners who are in one of these three phases of retirement planning.

Often, our clients are working professionals, many of whom are in the medical, engineering, and telecommunications industries. They have been building their wealth for a number of years but, as they approach retirement, they are unsure how to appropriately invest and plan for retirement. They want to enjoy their retirement and maintain their lifestyle, as opposed to worrying about market corrections or running out of money.

Planning for retirement, especially as you approach the transition, can be stressful and complicated. It’s important to identify and capture certain opportunities, including needs, objectives, and the client’s vision of a successful and comfortable retirement. We seek to serve as a trusted resource for our clients, helping them determine when they can retire (and what they will do in retirement) and creating strategies for maintaining their lifestyle through retirement.

Whether we’re offering guidance on retirement income planning or answering questions regarding Social Security, our goal is to help clients feel financially and emotionally ready for retirement.