We will utilize a variety of methods to planfor retirement among pre-retirees as well as those already retired. In addition we will recommend appropriate savings vehicles and tax strategies that are geared toward enjoying a comfortable retirement, while constructing a distribution plan that addresses major risk areas that retirees face. These include the risks of outliving your money, major healthcare costs,inflation, stock market decline and low interest rate risk.
We will work closely with you to educate you on the important rules regarding IRA accounts. When it comes to planning for the distribution of assets currently held in IRA accounts, there are a number of potential hazards that can cost you thousands in penalties and unnecessary taxation. We will help you navigatethese hazards and ensure your IRAs remain intact for you and yourbeneficiaries. (i.e., 401(k), 403(b), 457).
We will work with you and your attorney to aid in the establishment of wills, trusts,and other legal documents to help you control what you own during your lifetime. This planning also sets the stage for the worry-free transfer of assets to your beneficiaries while minimizing taxes and ensuring your estate avoids probate.
We will assist you in various areas of tax reduction including the following: reducing taxes on Social Security Income, capital gains, taxes on interest earning accounts, and the reduction of taxes owed by your beneficiaries upon the inheritance of IRA accounts.
We will also assess the need for protection in the event of death, injury, poor health,and loss of income or property. Our primary concern is focused on protecting you and loved ones from financial tragedy in the event of a medical, lawsuit or market event.