From Dreams… To Goals… To Flexibility… To Confidence
My goal is to help you take a proactive approach to your personal financial situation. I am dedicated to helping you make sound decisions for your financial future. Helping you gain a better understanding of investing, retirement, estate planning strategies, and wealth preservation. Most importantly, I hope you see the value of working with me to pursue your financial goals.
Planning for Retirement
- Developing your retirement income strategy is part of the planning process.
- We can help you analyze possible expenses and sources of income.
- Checking on your strategy annually can help you maintain course.
It starts with a plan
Creating a plan can help you stay focused, plan for challenges ahead, and make choices that work for you.Our investment planning process is the foundation we use to develop your retirement income plan. It can help you make choices and tackle the following topics:
- When and how can I retire with confidence?
- How can I help make my money last as long as I’m retired?
- Where will my income come from?
- How do I prepare for and respond to events throughout retirement?
- When and how should I address my legacy goals?
7 common retirement planning moves
Will the money in your investment accounts last through retirement? Here are some steps that go beyond the basics of using tax-advantaged funds and making regular contributions.- Review your portfolio - Conduct regular investment checkups on your own and with us.
- Maintain emergency savings - Wells Fargo Advisors recommends keeping an emergency fund with enough money to cover living expenses for three to six months. Keep emergency funds in a liquid account you can easily access if needed.
- Set an appropriate asset allocation - Investments are fluid. Some are more volatile, but all can be affected by market fluctuations. Adjust your assets to align with your current goals and tolerance for risk.
- Itemize your income plan - Understand where your retirement funds will come from. List out all sources, such as Social Security and pensions. For each item, list how it might generate income for your portfolio.
- Clean up your accounts - Consider consolidating accounts. You’ll not only have less paperwork, you can help keep an eye on your asset allocation and overall investment strategy. We can talk about your choices and what might make the most sense for you. Before taking any action, speak with your current retirement plan administrator and tax professional.
- Sell assets strategically - Selling assets can have tax implications. Proceeds could nudge you into a higher tax bracket. Balance the concern of minimizing taxes when you’re selling assets with your portfolio’s allocation strategy. Talk with us about the choices you have in this situation.
- Talk with family - Partners and spouses should be on the same page regarding your financial portfolio. Cover some key financial details:
- Current total assets
- How much you have saved right now
- How much is in each account
- Where the funds are located
- Your budget
Part of your plan is how you spend your money – now and when you retire. Talk about it.
Common risks to address
While we develop your retirement plan, you’ll want to look at risks such as inflation, market events, health needs, withdrawal strategy, and how long you’re likely to live. Understanding the impact these challenges may have on your savings and planning for them can help you stay the course. Have an ongoing process
Planning for retirement is not a “one and done” kind of activity. A good plan should be checked regularly and adjusted, as necessary. Keep an eye on your portfolio, talk about your expectations, and prepare for the unexpected.Schedule an annual checkup with us to review your plans, your current circumstances, and your portfolio. We’ll work together to discuss your choices and what works for you.
Next steps
- Think about what you hope your retirement will be.
- Write down all your possible sources of income and expenses in retirement.
- Take a look at your portfolio and call us if you have any questions about changing your asset allocation.
- Call us to start on your personalized retirement income plan.
Wells Fargo Advisors does not provide tax or legal advice.
Investing involves risk including the possible loss of principal. Asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns. Diversification does not guarantee profit or protect against loss in declining markets. Stocks offer long-term growth potential, but may fluctuate more and provide less current income than other investments. An investment in the stock market should be made with an understanding of the risks associated with common stocks, including market fluctuations. Dividends are not guaranteed and are subject to change or elimination.
Konstantin Rusin
- CPWA
- CFP
- ChFC
- Senior Financial Advisor
- Managing Director - Investments
As a Financial Advisor, I help manage assets for individuals, trusts, retirement plans, charitable organizations and businesses. Through a long-term investment approach, I help clients develop and implement strategies for building wealth and realizing their goals. My mission is to provide objective and timely financial advice and guidance - with the highest level of professional service - in building and preserving wealth for my clients.
I worked for 12 years with HSBC, before joining Wells Fargo Advisors. My experience also includes positions with Merrill Lynch and Morgan Stanley. I hold a Bachelor of Art degree in Economics and International Affairs from the University of Mary Washington. With an emphasis on continuing education, I have also earned the CERTIFIED FINANCIAL PLANNER®, practitioner from the Certified Financial Planner Board of Standards, Inc. (CFP Board). For this, I had to complete approved educational programs, pass rigorous examinations and meet stringent experience requirements.
Active in the local community, I participate in many civic and community organizations, including Volya Foundation. My wife and I live in City of Alexandria with our two daughters, Stella and Adelina
It takes more than a single planning session to put your wealth to work in support of your life goals. It takes a process. As your life circumstances change, so must the investment strategies I use to help keep you on course toward your objectives. We’ll continue to work together through the years to keep your investment strategies aligned with your goals and needs.
I can work with you and your other advisors — including your CPA and attorney — to develop an estate planning strategy for your circumstances. Wells Fargo Advisors does not provide legal or tax advice. Be sure to consult with your own tax and legal advisors before taking any action that could have tax consequences. Any estate plan should be reviewed by an attorney who specializes in estate planning and is licensed to practice in your state.
The last thing you need in your busy life is a complex web of financial relationships. As a Wells Fargo Advisors client, you’ll enjoy the convenience and clarity of coordinating much, if not most, of your financial life through a single point of contact — me. It’s a distinct advantage of working with one of the world’s premier financial institutions. In helping you address your financial needs beyond investing, I can provide access to Wells Fargo banking and lending affiliates to help you meet your borrowing needs.
I worked for 12 years with HSBC, before joining Wells Fargo Advisors. My experience also includes positions with Merrill Lynch and Morgan Stanley. I hold a Bachelor of Art degree in Economics and International Affairs from the University of Mary Washington. With an emphasis on continuing education, I have also earned the CERTIFIED FINANCIAL PLANNER®, practitioner from the Certified Financial Planner Board of Standards, Inc. (CFP Board). For this, I had to complete approved educational programs, pass rigorous examinations and meet stringent experience requirements.
Active in the local community, I participate in many civic and community organizations, including Volya Foundation. My wife and I live in City of Alexandria with our two daughters, Stella and Adelina
It takes more than a single planning session to put your wealth to work in support of your life goals. It takes a process. As your life circumstances change, so must the investment strategies I use to help keep you on course toward your objectives. We’ll continue to work together through the years to keep your investment strategies aligned with your goals and needs.
I can work with you and your other advisors — including your CPA and attorney — to develop an estate planning strategy for your circumstances. Wells Fargo Advisors does not provide legal or tax advice. Be sure to consult with your own tax and legal advisors before taking any action that could have tax consequences. Any estate plan should be reviewed by an attorney who specializes in estate planning and is licensed to practice in your state.
The last thing you need in your busy life is a complex web of financial relationships. As a Wells Fargo Advisors client, you’ll enjoy the convenience and clarity of coordinating much, if not most, of your financial life through a single point of contact — me. It’s a distinct advantage of working with one of the world’s premier financial institutions. In helping you address your financial needs beyond investing, I can provide access to Wells Fargo banking and lending affiliates to help you meet your borrowing needs.
Contact
Your Goals and Dreams, Our Guidance
You are pursuing your financial goals and deserve someone who can help you with advice and guidance. We are here to listen and help you plan for your future with confidence. We are backed by the resources, expertise, and investment selection of one of the nation’s most recognized financial services companies. Let us help you develop an investment strategy that is flexible and tracks your goals.