Even when approaching or entering retirement, financial planning for the future will still be required. This is the time to distribute and preserve the wealth you accumulated throughout your working years. Many questions arise when considering how to ensure that assets last for the long-haul.
What income stream can I maintain without endangering my financial security? How can I minimize my tax obligations? How do I best utilize my current assets? How will I manage the disposition of that business I started? Does my will protect my children and grandchildren from excessive taxes? What if I need long-term health care – how will we pay for that?
Whether “retirement” to you means truly stopping work or pursuing a second career in something you love, financial planning at this stage is just as important, if not more, than earlier in life. At this point, we work together to ensure that your wealth can support you throughout your years and that estate plans represent your wishes for your assets and your loved ones.