Retirees

Wealth Preservation and Planning for Retirees

Retirees and pre-retirees are typically interested in preserving wealth and optimizing investment withdrawals to ensure they have lifetime income to support their current lifestyle without paying more lifetime tax than necessary. Family and charitable giving are also priorities. Careful Social Security and investment income planning, plus planning for life risks such as health care, is the source of value for retirees and pre-retirees. Estate planning involves much more than wills, trusts, and powers; careful planning for your two classes of assets, those with step-up in basis and those without, is a gift to your family and beneficiaries.