Three Key Elements of a Solid Retirement Plan

A good plan isn’t just about the size of your nest egg. It’s also about how you manage these three things: taxes, investment strategy and income planning.

Three stacks of coins look planted in mulch with a sprout on top of each one.
(Image credit: Getty Images)

Here’s an alarming statistic from an Allianz Life study: Four in 10 Americans say they don’t have a financial plan for retirement and will just figure it out when they get there.

Are you one of those 40% who will wing it? Don’t be. The downside of poor or no planning is that your retirement likely will fall short financially of what it might have been. It is worth your time — especially when considering your decades of hard work — to thoroughly consider each of the financial aspects that will impact your retirement and devise a plan that will allow you to maximize your enjoyment of it.

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.

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Scott Noble, CPA/PFS
Co-Creator, Wealth With No Regrets®

Scott Noble of is focused on integrated retirement income, tax, investment, estate, charitable and protection planning. Scott also is a Certified Public Accountant (CPA) with Personal Financial Specialist credentials (PFS), which is a certification for providing extensive tax, estate, retirement, risk management and investment planning advice to individuals, families, executives and business owners.