Let’s discuss retirement planning
Whether you need a little guidance or a lot – we are ready to help
No matter where you are in your retirement planning stage, we offer solutions, resources, tools, and guidance you need to develop and manage a retirement strategy that can help you track your goals.
Getting started with Retirement
Get the help you need to create a solid retirement plan, no matter where you are in life
Your retirement plan isn’t something you set up once and then leave unattended. A successful retirement plan takes patience, attention, and discipline. To help you plan your retirement, we’ve created a list of things to consider and resources for those just starting out, nearing, and in retirement.
Once you’ve decided it’s time to start investing for retirement, there are several steps you can take to help you decide what approach is right for you. See our considerations and resources below for guidance.
Assess Your Financial Situation
Although it may seem like a long way off, starting earlier can help you accumulate wealth and deal with unexpected bumps along the way. It’s important to consider:
- What do you want out of retirement?
- How much do you currently take in and spend?
- How much will you need to maintain a comfortable lifestyle?
As a rule of thumb, you’ll need between 60-80%* of your current income to maintain your standard of living, but this will vary based upon how soon you enter retirement. To help you estimate these considerations contact Ecocapital retirement specialist.
Manage Your Investments and Cash Flow
It’s easy to put things off until tomorrow… or maybe the next day. But with retirement, budgeting is required today. And contributing regularly can help you accumulate assets faster. Developing a monthly budget and learning to stay within its boundaries will help you make these contributions. Additionally, your budget will help you track your spending and develop the discipline that can help you when you finally enter retirement.
When creating a budget, carefully weigh competing demands such as:
- Paying off debt
- Managing a mortgage
- Taking a vacation
- Raising a family
- Saving for college
See how these financial considerations – and waiting to invest for retirement – can cost you in the long run.
Flexible retirement accounts that put you in control
Everyone’s retirement situation is different, so your retirement account should be tailored to your needs and goals. Ecocapital Investment offers a variety of retirement accounts that can meet your income and lifestyle needs. Plus, you’ll have access to retirement fund investing tools and research that will help you pursue your retirement goals. Contact Ecocapital for deals retirement options available to you.
Cost-Effective Investment Plans
EcocapitalPortfolios are designed and actively managed with the expertise of Morningstar Associates and pension trustees in Ghana and under the guidance of Ecocapital—for a low advisory fee. The result?Confidence that your investments are in line with your strategy. When you open an Ecocapitalmutual fund or exchange-traded fund (ETF) portfolio, you won’t have to worry about continuous oversight and rebalancing. Ecocapital will manage and rebalance the portfolio for you based on recommendations from the experts at Morningstar Associates and pension trustees in Ghana. Choose from Core, Opportunistic, and Supplemental Income portfolios based on your specific need and risk tolerance.
How Can We Help?
Make planning for retirement easier by exploring our suite of resources, tools, and information based on the amount of support and guidance you need.
Point Me in the Right Direction
Ready to get started? Access all the details you need to make informed retirement decisions. Explore these topics to get started:
- Retirement Account Types
- Retirement Tools & Calculators