Financial Services

As you approach retirement, you may begin to prioritize more conservative investing and money management. Wanting to protect your personal assets from unnecessary risk is a natural response. Fortunately, a solid financial plan can help safeguard your wealth from market risk, sequence-of-returns, longevity, and inflation risks.

As fiduciaries, our team of CERTIFIED FINANCIAL PLANNER® professionals and financial advisors make recommendations that serve your best interest. We can help you build an investment portfolio designed to minimize risk and maximize potential cash flow. As fee-based investment managers, we use a mix of stocks, bonds, mutual funds, exchange traded funds (ETFs), and annuities.

Contributing to a 401(k) or a similar qualified plan is a tax-efficient way to save for retirement. In 2026, you can contribute up to $24,500 to a 401(k), and $32,500 if you’re over 50. The individual retirement account, or IRA, contribution limit is $7,500, and $8,600 for those 50 and older. If you can’t maximize your 401(k) contributions, aim to contribute enough to receive your employer’s match. This is equivalent to free money that can grow tax-advantaged.

Today, it’s more important than ever to prepare for the possibility of long-term care. We’re living longer and enjoying more years in retirement than our parents. But while longevity can be a blessing for some, around 70% of people turning 65 will need some degree of long-term care services.

When milestones like retiring or paying for college are decades away, you may not feel the need to seek professional financial planning advice and instead, opt for a do-it-yourself approach. But that can all change when major life events arise that require urgent, make-or-break financial decisions.

As you near retirement, it’s important to shift your financial objectives. You move from saving and growing your money to generating income from Social Security, investments, and possibly a pension. With the potential for a 20- to 30-year retirement, you’ll need a well-thought-out plan to ensure reliable, lifelong income.

A Roth IRA can offer more advantages than a traditional IRA for some savers. You make contributions with after-tax dollars, allowing the money to grow tax-free. Withdrawals are also tax-free after 59½ and after owning your account for at least 5 years. Additionally, there are no required minimum distributions, allowing you to grow and pass on your savings tax-free.

What’s the best age to claim Social Security benefits? The truth is there’s no one-size-fits-all answer. For some retirees, collecting partial benefits as early as age 62 makes sense. For others, waiting until full retirement age (FRA) to receive benefits provides a greater advantage. Some may also prefer delaying claiming until age 70 for the maximum benefit amount.

If you’ve been regularly contributing to qualified retirement plans, you may have built a sizable nest egg. However, this can come with a significant tax liability — potentially losing 25–30% to taxes. You’re not alone; millions of Baby Boomers are wondering how to reduce their tax burden in retirement.

Estate planning puts you in control of who will receive your assets in the event of your death, and who will make financial and healthcare decisions on your behalf if you become incapacitated.