Pre-Retirees

Pre-retirees are individuals who are actively preparing for retirement, focusing on building a financial strategy to ensure a smooth transition into their retirement years. Whether you’re 5 or 20 years away from retirement, this period is critical for making informed decisions about savings, investments, and income streams that will support your future lifestyle.

At Watermark Financial, we specialize in helping pre-retirees fine-tune their financial plans. Our comprehensive services for this group include:

• Retirement Income Planning: Develop strategies to help ensure your assets provide a sustainable income during retirement.

• Social Security Optimization: Help you determine the best time to claim Social Security benefits to maximize lifetime income.

• Investment Management: Tailor your portfolio to balance growth with protection, ensuring you're on track to meet your retirement goals.

• Tax Planning: Identify tax-efficient ways to grow and withdraw your savings, potentially reducing your tax burden during retirement.

• Tax Preparation: Handle the filing of your individual and business tax returns in-house, for all aspects of your taxes, including income, investments, rental properties, and more.

• Healthcare and Long-Term Care Planning: Prepare for healthcare costs and plan for potential long-term care needs to protect your financial assets.

• 401(k) and IRA Contributions: Provide guidance on contributions, catch-up provisions, and managing rollovers for retirement accounts..

• Kids' College Savings: Establish and manage 529 College Savings Plans or other education accounts to help fund your children’s or grandchildren’s education.

• Life Insurance Planning: Review and implement life insurance policies to protect your loved ones and ensure your family's financial security in the event of an unexpected loss.

We’ll work with you to review your current situation and create a step-by-step financial strategy designed to give you confidence as you approach retirement.