Retirement Plan Consultants Retirement & Job Changes Saving for a secure retirement is increasing becoming an individual’s own responsibility. With more and more uncertainty about Social Security benefits and employer-sponsored pensions becoming a thing of the past, saving for a secure retirement has become increasing an individual’s own responsibility.By your participation in your employer’s retirement plan, you’ve likely recognized that your retirement future is in your hands.Now that you have retired or left your job, you have some decisions to make about what to do with the money you’ve saved into your retirement plan.These decisions are more than just deciding what plan participant options to choose. It goes much deeper than that…it means taking a look at your whole retirement picture. Competent and professional advice from a financial advisor could prove to be a great move when you retire or change jobs. In general, there are four important steps in assessing your retirement plan situation. They are:Review your current situationWe take the time to evaluate your overall retirement situation. We work to learn your investment objective, tolerance for risk, when you plan to retire and how much money you may need to address your goals.Assess your plan participant optionsWe will explain how to possibly preserve the tax-advantaged treatment of your current retirement plan and help you understand the potential tax implications* of each of the available options.Weigh the influence of taxes and timeTax-deferred accounts, like IRAs, have an advantage over taxable accounts in that the assets have the potential to accumulate faster than they would if they were taxed yearly.Build a retirement plan with asset allocation in mindWe can help you diversify your retirement savings using asset allocation models based on your tolerance for risk and investment objective. These models can have any combination of stocks, bonds, mutual funds, cash equivalents and commodities. We monitor our models and rebalance as deemed necessary by our research department and our client’s changing needs. An asset allocation plan is critical part in overall retirement planning.There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.Asset allocation does not ensure a profit or protect against a loss.*Tax advice is not offered by LPL Financial or Guide Financial Group LLC. We suggest that you discuss your specific tax issues with a qualified tax advisor. Contributions to a traditional IRA may be tax deductible in the contribution year, with current income tax due at withdrawal. Withdrawals prior to age 59 ½ may result in a 10% IRS penalty tax in addition to current income tax.Rebalancing a portfolio may cause investors to incur tax liabilities and/or transaction costs and does not assure a profit or protect against a loss.