Retirees
These are three high level action items that are common for people entering or currently navigating retirement. Additional services may be necessary depending on the need of the client.
Consider all spending goals for retirement.
- Assign a dollar value, frequency, and priority for each goal.
- Determine viability of your goals and what changes, if any, may be necessary to improve your likelihood of success.
Consolidate Investment Holdings and Establish Withdrawal Strategy
- Consolidate accounts to simplify investment management.
- Consider longevity, taxes, and inflation to create a withdrawal strategy consistent with your lifetime income needs.
- Review beneficiary designations and discuss transfer wishes..
Collaborate with or Establish Your Professional Team
- Increase your pre-tax deferrals into the appropriate retirement account.
- Meet with your CPA to review any potential tax deductions you may be able to utilize.
- Restructure any debt that is not providing any tax benefit.