It’s Never Too Early To Start Retirement Planning
With retirees living longer, more active lives, it’s essential for your retirement plan to work for you, helping you enjoy the life you’ve envisioned while also mitigating risk that could make your nest egg vulnerable. We help pre-retirees and retirees overcome the challenges of such a profound lifestyle change.
Working together, we talk about what you need and want your money to do for you and assess the likelihood that you’ll be able to achieve these goals. If you have to make tradeoffs, we help you there, too, showing you how small compromises might make a big impact over the long term. We also talk about the things that concern you, and strategies that can help alleviate those concerns. As your lifestyle changes, we update your financial plan to keep you moving in the direction you want to go.
We also strive to ensure that your wealth passes in the most efficient way to your heirs and philanthropic endeavors through estate and legacy planning. With our help, you have a full range of resources at your disposal.
- Retirement Income Planning
- Social Security Optimization
- Estate and Legacy Planning
- Tax Planning
- Distribution Strategies
- Healthcare Planning
- Long-Term Care Costs
We can significantly enhance a person’s or a family’s financial security and build a strong foundation for their retirement years.
Bringing withdrawal rates back to Earth
Having newly transitioned to retirement, Hannah and Roy were excited to get started on big ticket items they had been putting off: home renovations as well as a long-awaited cruise, paid with money from their 401(k) accounts. In that first year of retirement, they ended up spending much more than they’d budgeted, including charitable donations they hadn’t planned for. We helped them get a handle on things by creating a spending policy statement. We also helped them maximize their philanthropy, using a donor advised fund to increase their charitable impact.
The hypothetical example above is for illustrative purposes and is not representative of any actual experience. Individual results will vary.
Are you prepared for longevity?
Your retirement might last three decades or more, so it’s crucial to take a long and fulfilling life into account when you create your financial plan. Our knowledgeable team can help guide you in exploring the possibilities.
You’re finally free to pursue your passions and check items off your bucket list. We can help you:
- Plan to pursue lifelong goals, including travel and charitable endeavors
- Project healthcare costs and consider Medicare and long-term care coverage options
- Make the most of your income streams, such as Social Security
Life has settled into a peaceful rhythm as you enjoy memorable moments in time. We can help you:
- Update your estate plan and check beneficiaries
- Set up a tax-efficient wealth transfer strategy
- Have meaningful legacy planning conversations with your family
Turning point phase
As the honeymoon ends, a clearer vision of the rest of your life begins. We can help you:
- Review housing options – aging in place versus downsizing
- Create a dynamic, efficient budget for healthcare costs
- Consider other longevity concerns as part of your financial plan