Retirement Planning in Lenexa, KS

Whitehead Financial offers retirement income planning for Lenexa, KS residents, including explaining fixed index annuities and how Social Security fits in. Lucy Whitehead has helped people since 1995, serves clients in Lenexa, and charges nothing for her services.

About 15.7% of Lenexa residents are 65 or older (U.S. Census Bureau QuickFacts), and many more are getting close. Lucy's retirement conversations start with the basics: when you want to retire, what you spend each month, and where your money is today. Then she maps out your income sources, so you can see whether there's a gap and what options exist to close it.

With a median household income of $103,239 (U.S. Census Bureau QuickFacts), many Lenexa households are used to a steady, comfortable paycheck. Replacing it is the hard part. Social Security helps: SSA says benefits can begin at 62, full retirement age is 67 for anyone born in 1960 or later, and claiming at 62 reduces a $1,000 benefit to $700 (Social Security Administration). Lucy can talk through how timing fits your plan.

Some clients want a portion of their savings to produce income they can count on. Lucy explains fixed index annuities plainly: how they credit interest, how income riders work, what surrender charges mean, and when they may not be a good fit. She also encourages clients to confirm any agent's license with the Kansas Insurance Department, which licenses the agencies and individuals selling insurance in Kansas (Kansas Insurance Department).

More about retirement planning → · Everything we do in Lenexa →