Retirement Income & Tax Planning
We have the ability to make the greatest impact for people who are within 10 years of retirement to 5 years post retirement. That 15 year window is crucial for establishing and executing a plan designed to minimize your tax bill and allow you to live your best life, whatever that means to you. The earlier we begin working with a client in that window, the better.
Here are some examples of the questions we help clients answer:
- When can I retire?
- When should I claim Social Security benefits?
- How much can I spend each month?
- How can I minimize my tax bill?
- Should I take a lump sum pension payment or monthly income?
- Do I need a trust, or is a will sufficient?
- What other estate planning documents should I have?
- Should I change my investment mix as I age?
- How can I avoid the Medicare IRMAA surcharge?