Planning for Retirement
BankNewport has expanded our access to investment product offerings through our partnership with LPL Financial under the name of OceanPoint Investment Solutions. With the need for retirement planning so great, it is fortunate there are so many diverse ways to save for the future. Even so, selecting the proper retirement savings vehicles requires the skilled guidance of a financial advisor who can identify and explain a variety of retirement planning strategies and help you choose the ones that are best for you.
Retirement planning raises many questions:
- How would you like to live in retirement?
- How much do you need to save to retire?
- When do you hope to retire?
- What investments are right to help you work toward reaching or pursuing your goals?
- How much should you save to work toward meeting or pursuing your retirement goals?
Reaching your retirement goals will require preparation and commitment. For over a century, life expectancy in the United States has been steadily increasing. This good news carries with it the burden of accumulating assets sufficient for an extended retirement. Of equal importance is the need to allocate assets and structure distributions to ensure they last as long as they are needed.
To start your conversation about Retirement Planning or to learn more about these and other investment options contact one of our financial advisors.
Jamestown, Middletown, Newport, Portsmouth
2628 East Main Road, Portsmouth, RI 02871
Coventry, East Greenwich, Lincoln, North Kingstown, Warwick
27 Strawberry Field Road, Warwick, RI 02886
Barrington, Bristol, Stone Bridge, Tiverton, Warren
6 Gooding Avenue, Bristol, RI 02809
Chapel View, Dorrance St., Johnston, Narragansett, South Angell
4000 Chapel View Blvd. Cranston, RI 02920
To learn more about the entire ruling, or to checkout the background of investment professionals associated with the site on FINRA’s BrokerCheck: https://brokercheck.finra.org/
*In certain situations, Financial Institutions may have an affiliated broker/dealer and/or registered investment advisory firm – in those situations, the agreement may require LPL to compensate that affiliate, rather than the Financial Institution, directly.
Securities and advisory services offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. To the extent you are receiving investment advice from a separately registered independent investment advisor that is not an LPL affiliate, please note LPL makes no representation with respect to such entity. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, the bank/credit union. Securities and insurance offered through LPL or its affiliates are:
| Not FDIC Insured | Not BankNewport Guaranteed | May Lose Value | Not Guaranteed by any Government Agency | Not a BankNewport Deposit |
|---|
BankNewport provides referrals to financial professionals of LPL Financial LLC (*LPL") pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in conflict of interest. The Financial Institution is not a current client of LPL for advisory services.”
Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html for more detailed information.
Portsmouth Branch
2628 East Main Road Portsmouth, RI 02871
Bristol Branch
6 Gooding Avenue, Bristol, RI 02809
Chapel View Branch
4000 Chapel View Boulevard, Cranston, RI 02920
Warwick Branch
27 Strawberry Field Road, Warwick, RI 02886