Global View Capital Advisors

Retirement Planning

Retirement Planning

Retirement is a critical stage of life that comes with many risks. Because you will no longer have a paycheck coming in, it’s critical that you manage your accumulated nest egg wisely so that you don’t run out of money during retirement. Additionally, addressing taxes before you retire is another emphasis, since funds held in traditional 401(k) and similar accounts must be withdrawn and are subject to ordinary income tax. Have you been told you need to have millions saved in order to retire? This may not be true at all. In fact, if you have saved a nest egg of $500,000 for retirement, you may be able to retire now.

Retirement Planning at Global View Capital Advisors of Idaho Falls

The time to plan for retirement is early, especially in the five to 10 years preceding the date you would like to retire. We’ll take a look at your situation comprehensively, based on your goals for your retirement lifestyle. Here is a list of some of the services we may recommend, but each plan we create is completely customized to you.

  • Retirement Income Planning
  • Tax Strategies, Including RMD Planning & Roth Conversions
  • Social Security Planning
  • Annuities and Tax-Advantaged Insurance Solutions
  • Risk Management
  • Tactical Investing
  • Long-Term Care Planning
  • Estate Planning Strategies

We’ll help you map out your desired lifestyle, and the monthly budget you’ll need to live that retirement dream. Then we’ll help you consider all your sources of income, including pensions, Social Security, and your retirement accounts. Tax strategies are a big part of the plan, since many people hold a large part of their retirement assets in accounts like traditional 401(k)s which are subject to ordinary income tax. RMDs or required minimum distributions will be required every year starting at age 73, and there may be ways to plan ahead to take a series of Roth conversions to mitigate taxes for the long-term. Every situation is different, and every retirement plan we develop is different, too. Please reach out to us to discuss this today!

Contact Us

Is your confidence in your current advisor strong enough to handle a second opinion, even if that advisor is you handling your own finances? We’re willing to block out 20 minutes to listen, share ideas, and see if we’re a good fit to work closely together to design, grow, and protect your wealth through the generations. Call us at (208) 528-0846 or send us a message here.