Retirees

Retirees are individuals who have entered the retirement phase and are now focused on managing their finances to maintain their lifestyle and achieve long-term goals. As you navigate this new chapter, managing your assets wisely becomes essential to ensuring your continued comfort and security.

At Watermark Financial, we offer a suite of services designed to support retirees, helping you to enjoy your retirement years while staying financially secure

• Income Distribution Strategies: Create a withdrawal strategy to ensure your income lasts throughout retirement.

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

• Portfolio Adjustments: Regularly rebalance your investment portfolio to align with your evolving needs and risk tolerance.

• Required Minimum Distributions (RMDs): Help you navigate RMDs from retirement accounts to avoid penalties and optimize tax outcomes.

• Healthcare and Medicare Planning: Provide guidance on Obamacare, Medicare options and out-of-pocket healthcare costs to safeguard your savings.

• Estate Planning: Ensure your assets are protected and passed on to your loved ones, with a focus on wills, trusts, and beneficiary designations.

• Tax Management: Offer ongoing tax planning to minimize liabilities and ensure tax-efficient distributions.

• 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.

• Roth IRA Conversions: Guide you through converting traditional IRA funds to a Roth IRA, providing potential tax benefits and allowing for tax-free growth and withdrawals in retirement.

We focus on managing your assets while allowing you to focus on enjoying life, ensuring that your financial plan adapts to changes in your circumstances and goals.