Retirement income planning

Congratulations on saving for retirement. Have you thought about what comes next? Many DIY investors find themselves with a number of different income streams, IRAs, Social Security benefits, 401(k) plans, interest-bearing accounts and the like. How and when you withdraw money has tax and other implications. Simply stated, you need a strategy for retirement plan withdrawals. Many people assume retirement comes with a lower tax bracket and are surprised once they realize how much of their retirement income is taxable. We help clients develop sound disbursement strategies that can help minimize taxes.