You may be contemplating a traditional retirement or simply making an adjustment to a different type of work.

Whether you’re going to stop working entirely or simply slow down, you’ll likely need to think about how to use your investments to pay for your future lifestyle.

Williams Wealth Management

What's important?

  • Knowing What You Own

    This sounds like a no-brainer, but more often than we’d like, we see clients who don’t know how they’re invested. And, the closer you get to retirement, the more vital it is to understand how you’re positioned. If you’re too aggressive, you may be prone to greater volatility than you desire at a time when you’re getting closer to needing to draw money from your accounts. We can help you understand both what you own and how to get you properly positioned.

  • Maximizing contributions

    This is fundamental at any age, but especially important as you get closer to the finish line of your career. Once you retire and need to start drawing money, you’re likely not going to be in a position to add new money to your accounts. We can help you determine whether your current contribution levels are appropriate for your goals.

  • Funding the Right Accounts

    This is important because different account types come with different features and benefits. Various retirement accounts offer tax benefits, but also come with restrictions. Non-retirement accounts typically offer more flexibility but fewer tax advantages. The key is creating a strategy that best positions you to achieve your goals.

  • Getting your estate in order

    This helps ensure your assets transfer properly to the people or causes you love. It’s important to have an up-to-date will, accurate beneficiary information on each account and the proper types of trusts. We can work with your estate attorney to help make sure your estate matches your desires.

  • Having a plan for long-term health care

    Health care costs are one of the most concerning aspects of retirement. So, it’s important to plan well before you ever need extensive care. There are many different solutions that provide benefits for long-term care, including insurance products and Health Savings Accounts (HSA). We’ll help create a plan that best fits your needs.

  • Minimizing taxes

    Taxes cut across almost all aspects of your financial life. So, it’s vital you incorporate a tax strategy into your investment planning. This means understanding your personal situation as well as any possible changes to the tax code. We can work with your tax professional to help make sure your assets are positioned in a tax-efficient way.

Ready to start planning for your next life goal?