Retirement Distribution:

OK, I got this far – I am so used to saving, how in the world do I now start spending?  Switching from accumulation to distribution can be a little tricky.  Many clients get a little concerned at this point for the very real fact that they don’t want to outlive their money.  We take every precaution to investigate and purpose retirement savings dollars in a way that plans for every possible situation we can anticipate.

Clients actively participate in the design of this stage.  We are careful to make sure that our clients have as many options as they need to live in a way that they see fit – not in a way that fits with the way the dollars are being paid to them.  Of course, there are many options and ways to accomplish this step. 

We discuss strategies such as:

1. Family Banking
2. Pension Maximization
3. Retirement Stage Distribution
4. Gifting

Then, we begin talking about the legacy that our clients want to leave to future generations and other causes that are near and dear to them.

1. IRA Maximization
2. Account Stretching
3. Insurance Planning
4. Trusts and Estate Planning
   

Our clients are on a journey and we go with them to help them make confident choices that make sense for their situation.

Whaley Financial Services™

Financial Planning for Your Life

7061 Deepage Drive, Suite 101B
Columbia, MD  21045

(443) 283-3482 (local) • (443) 283-3914 (fax)
(866) 464-7404 (toll-free)