Pre-Retirees and Retirees
Pre-Retirees and Retirees
You don't get a do-over on retirement, so how do you turn your retirement savings into a lasting income? Retirees face distinct challenges:
- Market and investment risk
- Losing purchasing power due to inflation
- Rising costs of health care
- Outliving your income
- Planning a legacy for loved ones and surviving spouse
- Increased future taxation due to required minimum distributions or new laws
- Sequence of return risk
Now you also have the opportunity to do good planning towards a successful retirement. We help our clients look for opportunities to take advantage of:
- Business exit & succession planning
- Tax-efficient philanthropic planning
- Protecting your estate and loved ones
- Social Security maximization
- Strategizing which tax category to draw income from first to potentially reduce current or future tax burdens
- Longevity and volatility protection for portfolios
- Monitoring risk tolerance
- Adjusting portfolios to reduce overall fees
- Lifetime income planning
