Merrill Lynch Financial Advisor Samuel Ryder

With customized advice and guidance, we help you build a financial strategy targeted toward achieving your financialgoals. You can depend on our investment management experience to help you develop strategies and solutions forpursuing financial security, no matter where you are in life.

Setting goals for your financial future is important. Of course, with unpredictable markets and the unexpected twists and turns that come with life, getting to those goals can sometimes feel difficult. As an Ameriprise financial advisor serving clients in the Orlando, FL area, Michael Brodsky will take the time to understand you and your goals, as well as those changing markets, and can help you confidently focus on the future. If the path seems long and uncertain, a carefully mapped approach is the best way forward. We're here to help you stay focused today, so you can reach your goals tomorrow. The comments displayed are not verified, may not be accurate and are not necessarily representative of our client experience.

Retirement planning doesn’t have to be complicated. A few key principles can help you build a secure and comfortable future: 1. Start Early, But It’s Never Too Late – The earlier you save, the more time your money has to grow. But if you're getting a late start, focus on maximizing contributions and cutting unnecessary expenses. 2. Live Below Your Means – The less you spend today, the more you can save for tomorrow. Avoid lifestyle inflation and unnecessary debt. 3. Diversify Your Investments – Don’t put all your eggs in one basket. A mix of stocks, bonds, and safer assets can balance growth and stability. 4. Plan for Inflation – Prices will rise over time, so make sure your retirement income keeps pace with the cost of living. 5. Have a Withdrawal Strategy – A common rule of thumb is the 4% rule, but your needs may vary. Work with a planner to create a sustainable withdrawal plan. 6. Prepare for Healthcare Costs – Medical expenses can be significant in retirement. Consider long-term care insurance and health savings accounts (HSAs). 7. Eliminate Debt Before Retirement – Paying off high-interest debt before you retire gives you more financial freedom. 8. Don’t Ignore Taxes – Your withdrawals from different retirement accounts (401(k), Roth IRA, etc.) have different tax implications. Plan accordingly. 9. Have an Estate Plan – Ensure your assets go where you want them to, with wills, trusts, and proper beneficiary designations. 10. Keep It Simple