James Yarbrough | Source | Stonebridge Wealth Management
JY
James Yarbrough
Link:
Bio
Edit
Fee-only, fiduciary financial planning and wealth advisory practice. As a financial planner with over 20 years of experience, I am dedicated to helping individuals navigate the complexities of financial planning before and after retirement. My mission is to provide personalized financial strategies that ensure a smooth transition into retirement and sustain financial stability throughout your lifetime.
I specialize in:
Pre-Retirement Planning: Helping you accumulate and manage wealth to achieve your retirement goals. Post-Retirement Planning: Envisioning your retirement lifestyle. Ensuring your retirement savings last, optimizing your income streams, reducing taxes and managing risks.
Employment
Sign up to view all
-
Key Signs You Might Need to Work in Retirement
James highlights that constrained savings, delaying Social Security, and family longevity are key signs you might need to work in retirement. To avoid this, he advises starting retirement planning early and creating a comprehensive income plan. "Trying to 'keep up with the Joneses' during your working years doesn't guarantee the same in retirement," James says. -
Retirement Expert James Yarbrough Shares Insights on Guaranteed Income Strategies
James emphasizes Social Security as the primary guaranteed income source, supplemented by annuities and dividend-focused portfolios. He advises starting comprehensive retirement planning 5-10 years before retiring. "Annuities can offer targeted income but come with costs and liquidity issues." Working part-time can defer Social Security and reduce withdrawals. Effective portfolio management and strategic Social Security claiming are crucial for maximizing retirement income.
