Social Security planning
When and how we decide to use our savings for income or decide when the best time is to start social security can have significant impacts on our retirement potential.
Our planning process can help to create a clearer path in pursuit of your financial goals.
Social Security (and medicare) can be more complicated than we like and settle changes can make the difference of thousands of dollars. It can also have significant impacts from the result of other sources of income that can lead to potentially higher taxes or reduced benefits.
Our Social Security planning will include:
✦ Considering personal circumstances such as: health, spousal benefits, widow benefits, impact of delays, personal concerns, etc
✦ How income today and tomorrow can impact potential taxes and medicare premiums. Capital gains, Required Mininimum Distribution, and Pensions are just a few.
✦ How potential claiming strategies can impact current and future earnings and taxes
Social Security plays an important role in today's retirment planning process. It can have significant impact on potential taxes and is large source of retirement income we rely on.
It's important to us that you understand how different choices can impact you and what you can do to improve your retirement potential by working to maximize your benefits and reduce your potential taxes and medicare premiums.
❓ Want to see how we create social security claiming plans?
Retirement Income Planning
Turning your nest egg into an income stream can feel like a challenge but we're here to help. We utilize approaches that are backed with decades of academic research to help ensure the success of your plan.
Our income planning process focuses on:
★ Reducing risk and preserving your savings
★ Reducing cost and potential taxes
★ Eliminating uncertainty and creating stability
★ Maximizing returns while meeting your needs
No two plans are the same and yours will be no different. We will take into consideration the impacts of other income like Social Secuirty, Pensions, Rental, Self-Employment and others to help determine approaches that are likely to work best for you. We will also focus on the impact of Required Minimum Distribuitions to create a strategy that focuses on perserving as much of your savings with the least amount of tax.
We will work with you to keep taxes low, grow and preserve your savings and, most importantly, create a plan you can feel confident to unlock your retirement potential!
😀 Want to see how we create a retirement income plan that can provide confidence in a clear way?
Retirement Planning
Years of experience have prepared us to guide you through your life transitions.
Tax Planning
Values. Honesty. Integrity. We believe values matter, and we live by ours every day.