Situation: A couple would like to retire in 2 years. They have a pension with his current employer, a 401(k), a rental property and a number of IRAs and old 401(k) accounts still held by previous employers. They do not know if they will have enough cash flow on which to maintain their standard of living in retirement.
Strategy: Consolidate their various retirement accounts. Develop a comprehensive plan that could provide them with a clear understanding of their retirement income needs and a sustainable method for achieving them. We could assess the need for long-term care insurance, and consult with their attorney to refresh their estate plan.