5 Big Considerations Near Retirement | SmartVestor Pro Insights
We are a financial planning team focused on the whole picture, not solely investing assets. We believe that a great financial planning team should help you strategize your taxes, investments, Social Security, retirement planning, and more with your goals TOP OF MIND before recommending what investments to own.
We know you’re working to build your nest egg and we take that seriously. Planning with the whole picture in mind is pivotal to helping preserve and grow what you’re already building.
We strive to provide value and to help teach our clients. For example, here are 5 topics to consider as you approach retirement.
1. Social Security Planning
Should we claim early or delay to increase our benefit?
How will my Social Security effect my taxes in retirement?
How will a spouses’ Social Security effect mine?
2. Tax Bracket Management
How can personal tax planning save you money?
What order of accounts should we live on?
Are their tax strategies to consider when deciding what account to spend first?
How will each account be taxed?
3. Roth Conversions
What are Roth conversions?
Why would I want to make any Roth conversions?
Are Roth conversions right for my retirement plan?
How would a Roth conversion effect my long-term retirement outlook?
4. Asset Location NOT just Allocation
Asset Allocation is pivotal, but considering where you hold certain investments is extremely valuable.
What type of investments should I own during retirement?
What kind of investments should be held in certain accounts?
Should I be invested aggressively or get more conservative in retirement?
How much cash should I keep in retirement?
5. Do I have enough money to retire?
How much money do I need based on my goals?
Can we run a comprehensive retirement analysis?
How can implementing financial planning strategies improve my projections?
How can we help preserve and grow what you’ve worked so hard for.
Our team at Custer Financial Advisors hope we brought value to you with this email. We love what we do and the people we get to work with. We don’t believe in selling financial products. We believe in building a relationship with our clients, listening to their goal and crafting a customized plan based on their priorities.
If you’re looking for help, we’d love to be someone you consider to help guide you along your financial goals.