Services old
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Taxes can become much more complicated in retirement. For many people, the tax situation while we are working is relatively simple. Income taxes are withheld from our paychecks by our employer. We may also pay capital gains or taxes on dividends in our investment accounts. In retirement, our income sources may expand to include social security, pensions, annuities, investments, CDs, IRAs and Roth IRAs, rental properties and part time work. Many of these sources are taxed at different tax rates while some aren't taxed at all. Each year you'll need to determine which of these sources are taxable, estimate the taxes due and either set up withholdings from each source or pay estimated taxes. We can help you understand your taxes and work with your tax advisor to make sure you're taking advantage of every tax strategy to keep your taxes low. Don't have a tax advisor? We're happy to help with this as well by connecting you to one of our 'Strategic Partner" tax advisors. We aim to keep your taxes low in retirement by using a number of strategies, including:
- An annual analysis of your tax return
- Annual Roth conversions
- Coordinating and Planning your Income Streams to avoid "Tax Torpedoes" like the Medicare IRMAA, AMT and the Medicare Surtax.
- Asset Location and Tax Harvesting
- Charitable Giving Strategies like Qualified Charitable Contributions (QCD's) and deduction stacking
We work hard to stay up-to-date with the shifting tax laws to ensure you are taking advantage of every opportunity to keep your taxes low.When you take Social Security is one of the most important decisions you face in retirement. If you're married, the decision becomes even more important (and more complicated). As retirement planning professionals we understand that Social Security is the foundation of your income plan. We also recognize that the right claiming age is different for everyone because it depends on details like you ages, health condition and whether you're still working. Our custom analysis consider these factors in recommending when you should draw your benefits. We also take into account how you Social Security will interact with other income sources you have available such as pensions, annuities, investment income or part-time work. Our retirement planning will also determine you eligibility for more sophisticated claiming strategies such as:
- Spousal or widows benefits
- Benefits from an ex-spouse
- Suspension of benefits
- Withdrawal of applicationBy analyzing your entire financial situation we can recommend a smart Social Security timing strategy designed to reduce your tax bill in retirement and optimize your income.
With more than 40 years combined experience in the investment world, we have traveled through a multitude of different market climates. During that time, we have developed our own beliefs regarding successful investment management. We share a passion for investing and markets, a hunger for knowledge and a commitment to excellence in our process. Our investment philosophy puts our experience and passion at the service of the firm’s clients to help them pursue their goals. Here’s a short list of some of the more critical factors that guide our portfolio construction process:
- Combination of active & passive investing
- Minimization of costs
- Targeted risk management
- Systematic diversification strategies
- A combination of value and momentum stylesLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Schedule a Consultation
Our Mission Is to Replace Your Financial Anxiety with Relaxed Confidence. Let’s talk and see how we can help you.