What You Need To Know
Below are just a few key aspects that you should consider and watch out for before retiring. Each of these areas will play an important role in your life and may affect each other in one way or another over the next few decades to come.
1) Minimize your tax liabilities
Taxes are something that none of us can avoid. However, with proper planning, you can minimize your lifetime tax liability and make your money last longer throughout retirement, or pass more money to later generations.
2) Maximize your income and benefits
Planning your Social Security and/or other pension income around any other investments you may have can help you maximize your overall retirement income and ensure you have enough income to last throughout your retirement.
3) Carefully consider your investment options
As you enter a new chapter of your life, consider altering your investment strategy as well. While attractive returns may seem enticing, don't ignore more income-producing strategies and opportunities to reduce your overall investment and management fees.
4) Don't ignore health and long-term care expenses
While you may be young and healthy now, you may have more health-related expenses as you age that shouldn't be ignored. As health expenses are rising, the sooner you plan the better you will be prepared and protected for the future.
Common Mistakes
NOT UTILIZING TAX PLANNING
Paying more tax over time than you otherwise may have saved
OVERPAYING IN FEES
Paying more management and investment-related fees over time
MISMANAGING INVESTMENTS
Poor investment decisions that can cost you significnatly in retirement
IGNORING ESTATE PLANNING
Kicking-the-can-down-the-road and not planning to avoid probate
Services You Should Consider
Taking the time to plan for and optimize your retirement ultimately means fewer headaches and more smooth sailing for the decades to come. Spend less time worrying about your investments, taxes, insurance, and your estate plan and focus your time on what you actually enjoy doing - whether that be spending time with your family or friends, traveling, volunteering and charity work, or personal hobbies.
Investment Management
NEAR AND LONG-TERM STRATEGY
Optimize your investment portfolio to reduce fees, increase income, and reduce volatility to ensure you don't outlive your retirement savings.
Tax Planning, Prep, & Filing
EFFICIENT TAX STRATEGY
Ensure you are making the most tax-efficient decisions throughout retirement and avoid paying more tax than you need to.
Insurance Planning
Estate Planning
PROTECTION FOR THE FUTURE
Find the best healthcare plan for your retirement needs, and protect yourself against rising future long-term healthcare costs.
WEALTH TRANSFER STRATEGY
Access our network of trusted attorneys that can help evaluate your estate planning needs and help you avoid conflict and probate.
Have Questions or Need Advice?
By offering most tax, investment, planning, and insurance services in-house, we are dedicated to helping you reduce fees and save time when it comes to helping you achieve your financial goals and needs. You will gain peace of mind knowing all of your affairs will be coordinated, aligned, and managed with one simple phone call.