You are making saving for retirement or an early retirement, a priority. Our team is experienced in retirement planning and can help you take advantage of the different ways you can save for retirement while still achieving your other financial goals.

Case Study

Jim and Clare are focused on retiring as soon as possible so they can pursue their dream of establishing a non-profit community organization to help families in need. They are 50 years old and have good jobs, grown children and low mortgage debt. They’ve been aggressively saving for years and are looking for retirement planning advice to gain confidence in pursuing their retirement dream.



Based on how much we’re saving, when can we retire? We conduct a complete inventory of your investments, pension options, Social Security and healthcare options and make a recommendation based on your age and income requirements.
How much more could we be saving to help retire earlier? We will use our Envision® planning tool to run different scenarios based on various savings rates and retirement dates to help identify alternatives for you.
How can we take full advantage of our employer retirement plan? Analyze all retirement plans to determine benefit options available and compare them to current savings rates to determine additional savings opportunities.
How much can we expect and what are the options for taking Social Security early, or delaying? We perform a Social Security analysis based on a range of claiming ages to help determine the amount you can expect and the best time and strategy to begin Social Security.
What impact does market volatility have on our retirement savings goals? Relying on our Envision planning tool we a create a range of scenarios based on your savings goals and the potential for you to reach your objectives based on your age and savings rates.
What are the tax advantages of the different retirement savings accounts? Facilitate discussion explaining the different tax advantages of the retirement savings accounts that are appropriate for you and your family.
When I am ready to retire, how do I turn my savings into retirement income? We review your investments, Social Security and pension options. Then recommend a plan that will provide you with the retirement income you need.

IMPORTANT: The projections or other information generated by Envision regarding the likelihood of various investment outcomes are hypothetical in nature, do not reflect actual investment results and are not guarantees of future results. Results may vary with each use and over time.

Envision® methodology: Based on accepted statistical methods, the Envision tool uses a simulation model to test your Ideal, Acceptable and Recommended Investment Plans. The simulation model uses assumptions about inflation, financial market returns and the relationships among these variables. These assumptions were derived from analysis of historical data. Using Monte Carlo simulation, the Envision tool simulates 1,000 different potential outcomes over a lifetime of investing varying historical risk, return, and correlation amongst the assets. Some of these scenarios will assume strong financial market returns, similar to the best periods of history for investors. Others will be similar to the worst periods in investing history. Most scenarios will fall somewhere in between. Elements of the Envision presentations and simulation results are under license from Wealthcare Capital Management LLC. © 2003-2021 Wealthcare Capital Management LLC. © 2003-2021 Wealthcare Capital Management LLC. All Rights Reserved. Wealthcare Capital Management LLC is a separate entity and is not directly affiliated with Wells Fargo Advisors.
*This case study is hypothetical and for discussion purposes only. It is not intended to represent any specific return, yield or investment. Individual experiences referenced above may not reflect the future experience of any one client. The planning process discussed may not be suitable for your personal situation, even if it is similar to the example presented. Past performance is no guarantee of future results. Investing involves risk including the possible loss of principal.

Wells Fargo Advisors is not legal or tax advisor. You should a consult with your attorney, accountant and/or estate planner before taking any action.

Insurance products are offered through nonbank insurance agency affiliates of Wells Fargo & Company and are underwritten by unaffiliated insurance companies.