Retirement Planning What is Your Unique Formula™At Potomac Wealth Advisors, LLC, we realize everyone’s situation is unique. Whether it is an investors accumulated assets, target rate of return, comfort level with equities, or the amount of income needed at retirement, every person’s situation is unique. Therefore, we have created a process and a formula that calculates how much money is needed for a client to have the lifestyle they desire.Determining Your Unique Formula™ can be a supplement to our ongoing asset management relationship or as a part of your Deliberate Future Blueprint™. In either case, we have seen the dramatic results a written strategy can make when planning for the future.Freedom to ChooseBecause we are independent financial advisors, we are able to provide a wide selection of investment choices and we work closely with you to find a retirement solution that fits your needs.Retirement PlansWith a variety of tax-favored vehicles to select, we can provide guidance as to which program is suitable. Some plans available to investors include:401(k) PlansProfit Sharing PlansRoth 401(k)Simple IRAsSEP IRAsIRA RolloversRoth IRAsDefined Benefit PlansImportant ArticlesHow Tax Reform Impacts Your Traditional Or Roth 401(k) DecisionHow Tax Reform May Impact Near Retirees and Retirees10 Quick Year-End Financial Planning TripsHow Employees Are Helping Their Employees Retire21 Moves For A Wealthier Life In 2018 How Long Will You Live? Since few people know how long they will live, one of our roles as financial planners is to help clients have the money they need later in life. With life expectancies lengthening, the need for certainty in later years is a real issue. There are several ways to increase the probability of a successful outcome, and we present alternatives. Some common mistakes people make is underestimating both the amount of annual income and the number of years they will need retirement income. At Potomac Wealth Advisors, LLC, we strive to take the worry out of the question, "Will I have to reduce my lifestyle when I no longer can work or want to work?"