A Pre-Retiree is usually between the ages of 55-65, who is close to the end of the accumulation of their personal wealth and is interested in starting the necessary planning to create a retirement income plan. It is common these that these individuals have priorities in putting away as much money as possible and preparing for the impacts a volatile market can have on their investments.
A Retiree is someone who is 60+ and is actively in process of transitioning into the preservation and generation of long term income. These individuals are seeking the peace of mind that their financial needs will be met and sustained for the remainder of their lives. Reviewing social security benefits, required minimum distributions, and completing detailed estate planning are areas that are important to these individuals
A Retiree and Pre-Retiree are both ultimately seeking to simultaneously maximize and protect their assets from any long term impacts that may affect their own long term needs.