Tim - Soon to be Retired
Tim is a 60 year old single man looking to retire in the next 2-3 years. He has done quite well for himself in his career, and has been a diligent saver his whole life. He has accumulated roughly $2,000,000 in savings and has a small pension on top of that. He is looking to get the most out of retirement, and finally start to enjoy all of his wealth.
The Plan
Investment Management
Tim had all the savings he needed to accomplish his spending goals in retirement. We helped him understand he needed to switch his investment approach more towards wealth preservation. He was taking extra risks he did not need to take. We helped Tim adjust his investment portfolio to better protect him heading into retirement.
Tax Planning
Tim's primary concern was taxes heading into retirement. We organized his portfolio to be more tax efficient, and built out a customized Roth conversion plan to reduce the risk of higher taxes in the future.