As you begin to head toward retirement, you start to wonder how much money you will need to have saved up in order to retire. And you may wonder how and when you will be able to start spending your nest egg without worrying that your money will run out—or get depleted due to high inflation or market downturn.
Pre-Retirees
The path to retirement is long and winding. We can help you navigate.
As a pre-retiree, another thing you must think about is taxes. If you have saved a large amount of money in a tax-deferred account like a 401(k), per IRS rules you will have to start withdrawing money every year and paying ordinary income taxes on the amounts withdrawn whether you need the money or not.
Because of taxes you may have much less money saved than you originally thought! Now is the time to see if you can do a series of conversions from taxable to tax-free accounts which will help you mitigate taxes for the long-term. These have to be planned carefully if undertaken.
Services Include:
- Tax Planning
- Distribution Strategies
- Roth Conversions
- 401(k) Rollovers
- Retirement Income Planning
- Social Security Optimization
- Estate and Legacy Planning
- Healthcare Planning
- Long-Term Care Costs
Focused on making the complex simple, TDC Financial helps you understand the financial planning process.
Contact Us
16845 E. Ave. of the Fountains, Suite 106
Fountain Hills, AZ 85268
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Information presented is for your educational purposes only and should not be regarded as a complete analysis of the subjects discussed.
Discussions and answers to questions do not involve the rendering of personalized investment advice but are limited to the dissemination of general information. A professional advisor should be consulted before implementing any of the options presented.
Encompass More Asset Management LLC is a registered investment adviser with the U.S. Securities and Exchange Commission (SEC) and only transacts business in states where it is properly registered or is excluded or exempted from registration requirements. Certain Advisory Persons, in their individual capacities are also registered representatives of Encompass More Investments, LLC, Member FINRA/SIPC. Investment products are not FDIC insured, offer no bank guarantee, and may lose value.
