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Learn About Our Services
Your financial goals will change throughout life. Wealth Management at Royal Credit Union can help keep you and your investment plan on track. We're happy to provide a no-obligation review of your current portfolio and talk about changes in your life that might mean changes in your investment strategy.
Contact us anytime for a no-obligation financial review »
Here are examples that might be on your Financial To Do List as your life changes:
Retirement
Living comfortably in retirement requires a good plan and the commitment to follow it through. Are you on track to be financially independent when you retire?
- Ask yourself – have I saved enough to retire and live comfortably?
- Review and adjust retirement portfolio
- Plan for long term care insurance
- Learn about Social Security benefits
- Determine health insurance and Medicare costs
Marriage
There will always be demands on your financial resources, whether it's new tires on the car, a leaky roof needing repair, or a week-end getaway with friends. Saving anything – even the smallest amount – is worth it.
- Update beneficiaries and legal documents
- Review life insurance
- Build your emergency savings
- Invest together – where do you start?
Divorce
The way you save, invest, and live may change. We can help you review your financial goals and update important documents with a goal for you to remain financially secure.
- Maintain your lifestyle with a different income stream
- Separate your investments
- Invest settlement money – where do you start?
- Establish Retirement plan distributions
- Review Life Insurance
- Update beneficiaries and legal documents
New Job
Congratulations! There's a lot to learn when you join a new company. We can help you review your financial goals and your portfolio so you can focus your attention on your new job.
- Enroll in new retirement plan
- Review disability insurance and life insurance
- Choose benefits
- Transition assistance for a left-behind 401(k)
Layoff
There's a lot weighing on your mind after a layoff. We can help you evaluate your financial situation. Some employers offer resources; we're also happy to provide our assistance or perhaps a second opinion.
- Review income stream
- Replace lost benefits
- Transition assistance for a left-behind 401(k)
Death of a Loved One
Life changes significantly following the death of a loved one, from day-to-day tasks to major life decisions. This is the time to turn to an experienced and trusted financial professional.
- Review life insurance benefits
- Determine funds available in retirement or other investment plans
- Develop strategy for investing any inheritance
- Maintain lifestyle and ensure financial protection for survivor(s)
Education
Getting a good college education is one of the most important things in a young person's life. We can help you find strategies to fit your need for education funding so the escalating cost of higher education is not a roadblock.
- Invest in an Education IRA
- Consider a 529 Plan
- How much money do you need to save? Do the math.
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