Essential Steps for a Successful Retirement Plan

​Darcy Bergen is the president of Bergen Financial Group in Peoria, Arizona. In his work as a fiduciary, he makes financial decisions on behalf of clients in their best interests. As one of the managing partners of Bergen Financial Group, Darcy Bergen provides financial advice to seniors about retirement education and planning.

Retirement planning is an essential part of a successful retirement. It guides retirement goals and financial planning strategies for a sustainable and fulfilling lifestyle. The following are four essential steps that should be taken to achieve a successful retirement.

1. Set clear goals - Outline realistic lifestyle goals in retirement, including any financial needs, hobbies, and planned vacations.

2. Create a budget - A comprehensive budget clearly outlines income, investments, expenditures, and savings goals.

3. Develop a retirement investment strategy - Individuals should diversify their investment portfolio into various options, such as estate planning, stocks, and bonds, to increase financial returns while mitigating potential risk.

4. Evaluate healthcare insurance plans - Healthcare expenditures are the most common large expenditures during retirement, As a result, it is paramount that individuals secure sustainable healthcare insurance plans to protect assets from unforeseen health-related expenses.

Darcy Bergen ; Requirements for Obtaining the CRFA Designation

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