Financial Planning Services

Retirement Planning  /  College Planning  /  Wealth Transfer and Estate Planning

People are living longer – that's no secret. Retirees are looking to enjoy their retirement by traveling, working in their gardens, or simply spending more time with their families – to bring to fruition the true meaning of Quality of Life.

Because of these high expectations for retirement and the extended number of years that retirees enjoy, planning for retirement should be an important part of everyone's financial plan. Regardless of when you are going to retire or what you plan to do during your retirement, the sooner you begin to save, the better chance you will have of being financially prepared for a fulfilling retirement.

Many retirees have worked hard and saved through a company sponsored 401(k) Plan, but is that enough to financial sustain their retirement lifestyle? Putting together a retirement plan means not only investing and saving, but also defining how your life will change after your retirement and how much income you will need during these years of leisure.

One of the largest expenses most families have is college tuition. The cost of a four-year college education has been steadily climbing for years. In fact various studies now place the cost of a four-year college education at a public university at approximately $115,000 by 2020. The cost for a private university could be as much as $250,000.

With costs that high it is understandable that grandparents, aunts, and uncles, and even family friends want to help in some small way. Providing your children, grandchildren, or any school aged loved one with the money for a solid educational foundation is important to many people. Doing so without compromising the lifestyle that you choose to lead and your other investments and savings is where our services could help.

DCU Financial helps guide you through the different types of investment options available  – pointing out the pros and cons for your situation – and provide you with sound advice for what is best for you.

The loss of a loved one is devastating enough on families without the added stress of distributing assets, the prolonged probate process, and payment of the taxes and fees associated with this process. Although many people have an idea in their head of how they would like their assets distributed among their relatives, it is not something that people talk about a lot.

Developing an estate plan will go a long way in alleviating this stress on your family at this very emotional time, as well as ensure that your assets are passed on in accordance to your desires. An estate plan also helps you maintain control of your assets should you become incapacitated and will clearly define for your loved ones your wishes. An estate plan is something that everyone  – single adults, families with small children, grandparents, homeowners – should have in place well before one is needed.

Estate planning is a detailed process and the DCU Financial Team works with our clients to be sure that the plan is all encompassing and addresses all concerns and wishes. Our team will be there to review your plan periodically as your life progresses and circumstances change.

DCU Financial
220 Donald Lynch Boulevard, Marlborough, MA 01752 • 800.328.8797, ext. 6077 • Email: financial@dcu.org
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