Skip To Main Content

Planning for and
Enjoying Retirement

Retirement will look different for everyone. For some it means travel and time with the grandchildren while others look forward to spending more time enjoying hobbies and leisure activities. Some may retire only to start a “second act” that is fulfilling yet very different from their prior career.

Whatever your retirement vision, Commerce can help you save for and enjoy the life you envision while addressing the financial considerations.

Explore Our Solutions

Preparing for Retirement

For most people, saving for retirement means setting money aside in an IRA (traditional or Roth), annuity (fixed or variable), or an employee-sponsored plan like a 401(k). These accounts help you grow money while offering potential tax breaks to ensure the maximum benefit once you reach retirement age.1 footnote 1

Dedicating money to your retirement savings is an important first step. It is equally important to set a savings goal based on your intended lifestyle, select investments, and monitor progress toward your goal.

Commerce offers a variety of investment choices from managed accounts that simplify the process of investing to custom portfolios invested in publicly traded securities through Commerce Financial Advisors or custom portfolios developed by Commerce Trust, a division of Commerce Bank, that can also accommodate assets held elsewhere and alternative investment vehicles.

Enjoying Retirement

After three or four decades of receiving a paycheck, many retirees struggle with creating one for themselves from their savings. It can be overwhelming to think about spending as much time in retirement as you did in the workforce.

Commerce can help you create an income stream in retirement with your savings, Social Security, and other income. An advisor will listen to your goals, help you decide when to take Social Security, explore ways to invest tax-efficiently, and respond to the inevitable ups and downs in the market throughout retirement.

Preparing the Next Generation

If you’ve amassed more savings than you need or want to spend in retirement, Commerce will help you organize the funds for future generations or distribute them according to your philanthropic wishes. Commerce advisors help clients leave a financial legacy through insurance, estate planning, and family wealth stewardship.

Ready to talk?

Request a call from an advisor to learn how we can help you prepare for and enjoy life in retirement.

Looking for more resources? We're here to help.

If you are not ready to talk to an advisor, enter your email address to receive strategies and insights from Commerce.

1 Insurance products sold through Commerce Insurance Services, Inc., a wholly owned subsidiary of Commerce Bank.

Disclosures:

Commerce Trust

Commerce Trust is a division of Commerce Bank.
Investment Products: Not FDIC Insured | May Lose Value | No Bank Guarantee

Commerce Financial Advisors

Check the background of investment professionals associated with this site on FINRA’s BrokerCheck link opens in a new window

LPL Financial Form CRS link opens in a new window

Commerce Bank (“Financial Institution”) provides referrals to financial professionals of LPL Financial LLC (“LPL") pursuant to an agreement that allows LPL to pay the Financial Institution for these referrals. This creates an incentive for the Financial Institution to make these referrals, resulting in a conflict of interest. The Financial Institution is not a current client of LPL for advisory services. Please visit https://www.lpl.com/disclosures/is-lpl-relationship-disclosure.html link opens in a new window for more information.

The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.

Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Commerce Financial Advisors is a division of Commerce Bank. Commerce Bank and Commerce Financial Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Commerce Financial Advisors, and may also be employees of Commerce Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Commerce Bank or Commerce Financial Advisors. Securities and insurance offered through LPL or its affiliates are:

Not Insured by FDIC or Any Other Government Agency

Not Bank Guaranteed

Not Bank Deposits or Obligations

May Lose Value

Back to top