Retirement Planning To Increase Your Net Worth

Retirement Planning can be easy with the help of JMR Financial Group’s qualified advisors serving Duluth, MN, Superior, WI, and throughout the U.S. We help determine, financially, where you are now, where you want to go, and how to get you there in the most efficient manner. The retirement planning process takes into account Social Security maximization and tax planning strategies as well as long term care needs. As outlined below, Retirement Planning is desirable at any age.

Contact Us


For an overview of the basics, read about the appropriate stage of your retirement lifestyle below.

Age Range: 15-to-30

Whether you are single and still in school, a recent graduate starting your first career job, recently married and setting up your first household, or some combination of the above, it will be crucial to get off to a good start. Retirement planning can be useful at this age to maximize your retirement dollars while reducing your current tax liability.

Age Range: 31-to-55

This is a time of life that can be very challenging and exciting. Yet, it can also be very taxing – on your energy, your skills and your money. You may be part of the sandwich generation, with kids on one side and aging parents on the other, with you in the middle, trying to take care of everything. You may be adding to your family and/or upgrading your home (buying or remodeling). You may be changing jobs and/or relocating, forcing decisions on housing, schools, company benefit plans, etc. You may be getting a divorce. You may be remarrying and blending families. You may be sending kids through school and saving/investing for retirement. Use retirement planning to provide for today’s needs while you are putting money aside for the next phase.

Ages: 55+

Wow, where did the time go! At age 55 and beyond, your children are typically out on their own, living their own lives. The void of the empty nest can be filled by the excitement of being foot-loose and fancy-free again, like the days of dating. Whether imminent or still some years off, retirement likely looms large in your thoughts. This is the time of life when you will benefit from any retirement planning that has been done in prior years.