Retirees
Retirement made real
Maybe a few decades ago, you thought of retirement as an abstract, “someday” thing. But now, it’s starting to feel more real and a lot closer to becoming your new normal. Deciding when to take this step can depend upon several things.
Visualize your retirement lifestyle
What will you fill in your day if you are not working? What activities or hobbies do you want to indulge? After all, retirement is supposed to be a reward for all those years of hard work.
Budget basics
Very few of us will lead the life of the rich and famous when we retire. But you can do the math of the things your retirement income can afford. Just don’t overlook increased healthcare expenses, which have risen twice as fast as inflation since 1979, per the US Dept of Labor. Medicare does have out-of-pocket requirements, which may mean you need supplemental or “Medigap” coverage. Your tax status will also change, so consulting a tax professional before retirement should be considered a must.
Visit the official US Government website for Medicare.
Visit the official US Government website for Social Security.
Our CFS financial advisors are standing by for you*
It is normal to feel overwhelmed. But there is a solution. WPCCU contracted with CUSO Financial Services, L.P. (CFS) to provide investment and retirement planning services. We encourage you to contact our team of CFS* Financial Advisors at WPCCU: Patrick Marshall and Bob Bayliff can provide you with insight and guidance based on your unique plans for the future.
Registered Representatives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with, residents of other states will be made only upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members. Atria Wealth Solutions, Inc. (“Atria”) is a modern wealth management solutions holding company. Atria is not a registered broker-dealer and/or Registered Investment Advisor and does not provide investment advice. Investment advice is only provided through Atria’s subsidiaries. CUSO Financial Services, LP is a subsidiary of Atria.
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