Every Retirement Plan Should Include These 5 Points

The nuts and bolts of retirement planning can be boiled down quite succinctly. So what are you waiting for? Get started.

An older woman stands with a small smile and folded arms.
(Image credit: Getty Images)

Life expectancy is longer today. Interest rates are low, and inflation is creeping back up. Taxes will likely increase in the next few years. Will the stock market continue its steady climb? You can hope, but who knows? Volatility could be part of that long-term equation.

All of these factors create financial uncertainty in the future and make planning for retirement more complex. With that in mind, here are five key components of preparing for retirement:

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These materials are provided for general information and educational purposes. Echelon does not provide investment, tax or legal advice. The information presented here is not specific to any individual’s circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used and cannot be used by a taxpayer to avoid penalties imposed by law. Each taxpayer should seek independent advice from a tax professional based on their circumstances.


The appearances in Kiplinger were obtained through a PR program. The columnist received assistance from a public relations firm in preparing this piece for submission to Kiplinger.com. Kiplinger was not compensated in any way.


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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Chris Wilbratte, Investment Adviser
Co-Founder, Echelon Financial

Chris Wilbratte has worked in the financial services industry for 30 years and is co-founder of Echelon Financial in Austin, Texas. He received his BBA in Finance and Marketing from the University of Texas.