Wachovia Beyond Expectations

It may have been hard to visualize your retirement, but now that its here savor life. You can finally put more energy into the things you love—spend more time with family, volunteer in your community, and travel.

As you enter retirement, you have an important transition to make. Instead of earning a paycheck, you'll have to start paying yourself. In the early years of your retirement, it may be important to emphasize investments with strong growth potential. Later in retirement, it might be appropriate to shift some of your assets to more secure investments that pay income. Lifetime Retirement Planning with Wachovia can help make your life in retirement all you want it to be.

[IMAGE: "Elderly couple"] [IMAGE: "Your 70s Checklist"]

Rollover your retirement plans - It is time to consolidate. Consider rolling all your tax-deferred investments from previous employers' retirement plans into one rollover IRA.¹
Seek confirmation - Consider reviewing your strategy with a qualified adviser who may make the process simpler and catch any potential pitfalls you may have missed.
Prepare for withdrawals - This is what you've saved for. Pay close attention to minimum distribution rules that require you to begin withdrawals from your retirement accounts when you reach age 70½.
Think about your legacy - Do you want to leave something for generations ahead or donate to charity? Consider options, such as a stretch IRA, to help extend the advantages of tax-deferred accumulation to your heirs or charity of choice.²
Protect your investments - You do everything you can to protect your family and your home. But what about you? Consider taking steps to help protect your retirement assets with an annuity.
Insure for future needs - Look into long-term care insurance, which can help meet expenses that could deplete your estate in the case of an extended illness.
Prepare for business transition - If you are a small business owner, this may be the time to review business agreements and transfer plans.
Go ahead spoil those grandkids (and maybe even some great-grandkids)! Be sure to teach them good savings habits.

Monitor Your Plan

One of the keys to protecting retirement income is developing a plan that makes sense for you, and then monitoring your progress along the way. Wachovia can help you determine where you are, identify your retirement income needs, keep you informed about the choices available to you, and work with you to make any necessary adjustments.

Talk to Wachovia

At Wachovia, we can help you make adjustments to your current income plan so it better aligns with your retirement vision. As your needs become more complex, a Wachovia Securities Financial Advisor can work with you to build appropriate investment strategies and inform you on investment options.

Contact a Wachovia Financial Center to schedule an appointment with one of our Financial Specialists⁴ or call the Retirement Resource Center at:

(866) 588-9606
8:00am - 8:00pm ET
Monday - Friday

Financial Advisor Locations
Email

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03/07 49475

¹ Withdrawals are subject to ordinary income tax and may be subject to a federal 10% penalty if taken prior to age 59 ½.

² Stretch IRAs are designed for investors who will not need the money in the account for their own retirement. There is no guarantee that there will be assets remaining in the account at the time of the IRA owner's death.

³ Insurance products are offered through nonbank insurance agency affiliates of Wachovia and are underwritten by unaffiliated insurance companies.

⁴ Licensed Financial Specialists (LFS) are registered with Wachovia Securities. These associates are Wachovia Bank, N.A. employees and are not employed by Wachovia Securities. Investment products and services are offered through the Investment Services Group of Wachovia Securities.

Wachovia and Wachovia Securities do not provide tax or legal advice. Be sure to consult with your own tax and legal advisors before taking any action that may have tax consequences.

Securities and Insurance Products: Not Insured by FDIC or any Federal Government Agency; May Lose Value; Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC, Member NYSE/SIPC, and Wachovia Securities Financial Network, LLC, Member FINRA /SIPC.