Nurses Need Care, Too

Make Financial Wellness a Priority

Retirement Planning for Nurses

Your career is important. It’s devoted to providing care to others every day. It’s vital that you also take care of yourself so you can continue to help people as a patient advocate. This includes addressing your personal financial wellness.

That's where we come in. We help prioritize your financial well-being while you continue to work hard as a nursing professional.

Who Takes Care of the Caregivers?

The demands of nursing are unique, and so are the financial challenges that come with it.

At Generations Retirement Group, we understand your industry. With a significant portion of our clientele in health care, we can offer insights into the specific needs and challenges faced by Registered Nurses, Nurse Practitioners, and Nursing Educators. Our experience allows us to offer customized financial services and solutions that align with your professional and personal goals.

Our specialized retirement planning services are designed to provide nurses like you with a solid strategy for your financial future. Learn how our expertise and personalized approach can help you achieve your retirement dreams so you can focus on what matters most: caring for others.

Our services

Income

Transitioning into retirement means shifting from your regular paycheck to creating a reliable income stream from your savings and benefits. Given the physically and emotionally taxing nature of nursing, it’s important to plan for a potentially longer retirement period. This includes:

Optimizing Social Security
Planning for inflation and longevity (help ensure you won’t run out of money)
Deciding your right pension option (lump sum or monthly income)
Knowing how much income you’ll need, where that income will come from and how long you can expect it to last
Making your income as tax-efficient as possible

Investments

As a nurse, your investment plan should be tailored to fit your unique needs and circumstances. To ensure you're comfortable with both your growth potential and exposure to risk after a demanding career, we’ll help you achieve:

An understanding of how your portfolio will react to market swings
Proper portfolio balance between growth and preservation
A straightforward strategy that’s easy to understand
The ability to adjust as your circumstances change

Taxes

Taxes don’t go away in retirement. A long-term tax planning strategy can help decrease tax liability and increase your spendable income. Considering the unique challenges nurses face, some key strategies for crafting a long-term tax planning strategy include:

Implementing a tax-efficient income strategy
Increasing portfolio tax diversification by having a mix of tax-deferred and tax-free money
Looking at ways to help decrease the tax liability for your beneficiaries

Health Care/Medicare

Navigating health care costs is critical to retirement planning, especially after a physically demanding nursing career. Understanding your payment options for health care and how they integrate with your overall retirement plan is essential. Here's what to consider:

Developing a plan to pay for health care if you want to retire before you’re eligible for Medicare
Understanding Medicare Parts A and B plus supplemental plans
Determining which Medicare plan will best suit your individual needs (our financial professionals will help you)

Insurance products are offered through the insurance business Generations Retirement Group, LLC. Generations Retirement Group, LLC is also an Investment Advisory practice that offers products and services through AE Wealth Management, LLC (AEWM), a Registered Investment Adviser. AEWM does not offer insurance products. The insurance products offered by Generations Retirement Group, LLC are not subject to Investment Advisor requirements.
Neither the firm nor its agents or representatives may give tax or legal advice. Individuals should consult with a qualified professional for guidance before making any purchasing decisions. Investing involves risk, including the potential loss of principal. Generations Retirement Group, LLC is not affiliated with or endorsed by the U.S. Government or any governmental agency.

Legacy Planning/Legal Documents

As a nurse, ensuring an efficient transfer of your wealth to loved ones, beneficiaries and charities is crucial to your retirement planning. We’ll address legacy planning with your unique career demands in mind by:

Properly structuring all beneficiary designations on your accounts
Determining which legal documents (wills, trusts, powers of attorney, health care proxies, etc.) to activate
Helping protect assets from a potential long-term care event or nursing home stay
Incorporating tax-saving strategies for your loved ones

At Generations Retirement Group, our in-house legal affiliate can help you in numerous areas — from developing tax-wise strategies for beneficiaries and verifying that accounts include proper beneficiary designations to creating prudent long-term care plans and deciding which legal documents to implement.

Nurses Need Care, Too

Make Financial Wellness a Priority

Retirement Planning for Nurses

Who Takes Care of the Caregivers?

Our services

Income

Investments

Taxes

Health Care/Medicare

Legacy Planning/Legal Documents

READY TO DIAGNOSE YOUR FINANCIAL SITUATION FOR THE FIRST TIME?

PERHAPS A SECOND OPINION ON WHAT YOU ALREADY HAVE IN PLACE?

Services

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