When you are no longer working and receiving a paycheck, where will your retirement money come from? If you’re like most people, qualified retirement plans, Social Security, personal savings, and investments all play a role. At Global View Capital Advisors, we’ll help you design a comprehensive plan to help grow, preserve, and protect your hard-earned assets to help ensure you have an income for life. Once you do finally quit your job or exit your business, you’ll be prepared.
Set Up a Free Discussion — About Your Retirement Plan
Retirement Planning
At Global View Capital Advisors, retirement planning is one of our focus areas. Remember, in retirement, you will no longer be in the workforce with money coming in. Instead, you will need to find ways to generate lasting income and slowly withdraw money from your retirement savings in a manner which is both tax-advantaged, and won’t cause your nest egg to empty out prematurely. The fear of running out of money and becoming a burden on your family is real, and we want to help you prevent that.
Your financial plan is completely customized to your situation and may include some of the following services:
- Active & Tactical Money Management
- Help With Your 401(k)
- Estate Planning
- Retirement Planning
- Advanced Planning
- Life Insurance & Annuities
- Long-Term Care Coverage
- Rollovers & IRAs
Retirement Income, Distribution Planning, and Tax Planning
We work with pre-retirees and retirees to help you create a lasting income plan as well as a tax-advantaged distribution plan for your assets during retirement. If, like a lot of people, you have the majority of your retirement assets held in traditional 401(k) plans, it’s important for you to understand that annual RMDs (required minimum distributions) will be mandated by the IRS, even if you don’t need the money. RMDs require you to start taking a certain percentage of your money out of your pre-tax retirement assets every year beginning at age 73.
This surprises some people, especially when they are thrown into a higher tax bracket than they ever anticipated and owe more in taxes than they thought. You may have less spendable income if you don’t plan carefully; we will help you manage that by doing effective retirement planning well in advance. Conversions to Roth accounts may save you on taxes in the long run. Tax-advantaged products like annuities and permanent life insurance with cash value may help you address market risk, longevity risk, the risk of needing long-term care, and the risk of losing your spouse as part of your retirement plan.
Let’s discuss retirement planning.
Once you reach age 50+, it’s imperative that you give yourself a few years to take actions that can potentially save you money for the long run.
Here’s the Best Part:
A Consultation About Your Retirement is Complimentary
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