Call Us 636-791-1330 ☰ ˟
Logo
"Our plans are
based on Yours"
Call Us 636-791-1330
  • Home
  • Get A Quote
    • AutomobileImage of right arrow
      • Auto Insurance Quote
      • Auto Quote Form (short)
    • Homeowners
    • Life
    • Long-Term Care Insurance
    • Motorcycle
    • Other
    • Recreational Vehicle
    • Renters
    • Retirement Plans
    • Watercraft & Boat
  • Customer Service
    • AutomobileImage of right arrow
      • Request ID Card for Auto Policy
      • Request Declaration and Coverages Page for Auto Policy
      • Send Declaration and Coverages Information to Lien Holder
      • Add Vehicle to Existing Auto Policy
      • Remove Vehicle from Existing Auto Policy
      • Add Driver to Existing Auto Policy
      • Remove Driver from Existing Auto Policy
    • HomeownersImage of right arrow
      • Request Declaration and Coverages for Existing Homeowners Insurance Coverage
      • Request Evidence of Insurance
    • Life
    • MotorcycleImage of right arrow
      • Request ID Card for Motorcycle Policy
      • Request Declaration and Coverages Page for Motorcycle Policy
      • Add Motorcycle to Existing Policy
      • Remove Motorcycle from Existing Policy
      • Add Driver to Existing Motorcycle Policy
      • Remove Driver from Existing Motorcycle Policy
    • Recreational VehicleImage of right arrow
      • Request ID Card for Recreational Vehicle Policy
      • Request Declaration and Coverages Page for Recreational Vehicle Policy
      • Add Recreational Vehicle to Existing Policy
      • Remove Recreational Vehicle from Existing Policy
      • Add Driver to Existing Recreational Vehicle Policy
      • Remove Driver from Existing Recreational Vehicle Policy
    • Renters
    • Watercraft & BoatImage of right arrow
      • Request ID Card for Watercraft Policy
      • Request Declaration and Coverages Page for Watercraft Policy
      • Add Watercraft to Existing Policy
      • Remove Watercraft from Existing Policy
      • Change Primary Operator on Existing Watercraft Policy
  • Blog
  • Resources
    • Secure File Area
    • Refer a Friend
    • Important Links
  • About Us
    • About Trinity Insurance Agency
    • Location Map
    • Privacy Policy
  • Contact
    • Contact Us
Home > Retirement Planning

Retirement Planning


Retirement planning is the process of determining retirement income goals and the actions and decisions necessary to achieve those goals. 

We approach retirement planning different than most firms. 

People used to say that you need around $1 million to retire comfortably. Other professionals use the 80% rule, i.e., you need enough to live on 80% of your income at retirement.

It sounds like cookie cutter phrases to us.

The only way we will uncover how much you need is to determine your needs. 

Although big numbers on a piece of paper or statement is nice, we have found as a society we all live on a monthly basis, that is when all of our bills are due. It is important to figure out what your monthly income goal is when you retire and how much fun money you want to have for other retirement activities or travel. Then it is a matter of working backwards to see when you have enough to pull the trigger and enjoy life and retire. 

Our goal is to talk with you and actually design a retirement plan to insure your retirement is successful.

During the first visit, the goal is to get to know more about you and talk about all the things that may concern you and discuss decisions that will need to be made, such as the following:

  • Pension Benefits: We can discuss the different payout options offered by your pension to understand what may be your best choice. 
  • Social Security Benefits: There may be ways to maximize when to start your benefits. If you bring in a copy of your latest statement we will provide you a report from Social Security Solutions software showing different strategies available to you.
  • Medicare Benefits: You may have questions about what options are available to you regarding protecting yourself for items not covered under Medicare. Our office has a benefits specialist to show you all of the different choices available. If you plan to retire before you are eligible for Medicare you will need to factor in the cost of healthcare into your retirement budget. 
  • Required Minimum Distributions: Based on your age and IRA balances, we can calculate the amount of distributions required when you reach age 70 ½.
  • Retirement Income Planning: When to retire can be a critical choice to make certain you stay retired. The best scenario is to have help looking at where your income comes from when you make the change. Our software allows us to help you do just that. We can input projected income from Social Security, pensions and assets at any year you may want to retire in the future.
  • Discuss Long Term Care Options: Consider long term care insurance to pay for things like nursing home costs. Long term care insurance can be costly as well, but the earlier you get into a plan the lower your overall premium will be.
  • Wealth Transfer: Once your retirement plan is in place and you know you will never run out of income, we can discuss the best ways to pass your family’s inheritance with the least tax consequences.

The level of advise an individual receives should not be based on the size of their retirement portfolio!

Call our office now to set up a time to visit about what plan may work for you!! 636-791-1330

Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Carrier
Home| Get A Quote| Customer Service| Blog| About Us| Contact| Refer A Friend
13426 veterans Memorial Parkway, Wright City, MO 63390
P: 636-791-1330 | F: 636-791-1331 | Service@TrinityInsUSA.com
Social Social
Logo

All Rights Reserved Trinity Insurance Agency

Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Trinity Insurance Agency are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents.