Hawaii Retirement Planning Factors That Are Often Overlooked

There are numerous people who struggle with their personal finances. Few people feel like they are saving or investing enough for the future. Retirement planning is vital to living a successful life. Many people do not realize just how much money is needed to retire and live a relaxed lifestyle. Finding Honolulu financial advisors is not easy.

At Summit Financial Advisors, our team has the knowledge needed to help you in this process. Our team members have numerous certifications in the field. Over the years, we have helped thousands of people plan for retirement.


One of the biggest financial issues that people have today is debt. Many young people start out with debt after graduating from college. Reducing debt is critical to living a successful life. It is difficult to save or invest for the future when debt payments are a huge percentage of your income.


One of the best way to build wealth over a long period of time is to invest consistently. Some people are afraid to invest their money because they do not want to lose it. By working with our financial advisors in Honolulu, you will be able to develop a strategy to help you meet your future goals.

Our team has experience designing investment portfolios based on the risk tolerance of customers. As a general rule, younger clients can afford to take on more risk than people who are close to retirement. With the stock market at a record high, now is the time to start planning for the coming years.

There are numerous alternative investments to consider outside of the stock market. Some people prefer to invest in less volatile investments. Although these investments do not have a high rate of return, some people prefer the security over the potential return.


Another critical aspect of financial planning is understanding your taxes. There are few people who understand the current tax system. However, retiring in Hawaii is not possible unless you fully understand all of the tax implications. There are numerous investment options that can help you reduce your taxes over a long period of time. When working with our financial planners, you will be able to find the investment choices that fit your needs.

Next Steps

Retirement planning is a critical aspect of living a successful life. There are many people who dream about retiring in Hawaii. However, it is critical to have a solid plan to reach your financial goals. Give our team a call today in order to schedule an appointment to get the planning process started.


This material is not intended to constitute investment or financial advice. Securities and investment advisory services offered through qualified registered representatives of MML Investors Services, LLC. Member SIPC. [www.SIPC.org]. Summit Financial Advisors is not a subsidiary or affiliate of MML Investor Services, LLC or its affiliated companies. Branch address: 1255 Treat Blvd. Suite 400, Walnut Creek, CA 94597. 925-949-7400. Clients should seek the guidance of their own professional tax and/or legal advisors before making decisions.


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