Who We Serve
Our wealth advisory team can help optimize your financial life
As you transition into retirement, we understand this significant life change brings excitement and challenges. Our approach centers on helping you embrace this new chapter by crafting a retirement plan that aligns with your desired lifestyle. Whether you’re nearing retirement or already enjoying it, we aim to ensure that your investment plan supports your vision for this next chapter. We provide retirees with personalized, comprehensive financial services to help them achieve long-term security, maintain a comfortable lifestyle, and plan for future generations.
Tailored Financial Solutions for Retirees
Our wealth management services for retirees center around positioning clients to have a steady and sustainable income throughout their retirement years. We recognize that no two retirement journeys are the same, so we create customized strategies tailored to the specific goals of clients – both financial and non-financial. Our services for retirees include:
Retirement Income Planning
We aim to help you develop a more reliable income stream from your investments, pensions, and Social Security to better ensure you have sufficient funds to meet your needs throughout retirement.
Social Security Optimization
Timing is crucial when it comes to Social Security. We analyze your financial situation and help you determine the best time to start taking benefits to help maximize your payout.
Investment Management
We create a personalized investment strategy that balances growth with preservation, helping optimize your portfolio for both income generation and long-term stability.
Healthcare & Long-Term Care Planning
As costs rise, planning for medical expenses becomes a critical part of retirement planning. We help prepare for unexpected costs, including long-term care, to help preserve your wealth.
Tax-Efficient Withdrawal Strategies
Helping reduce taxes in retirement is essential to preserving wealth. We help structure your withdrawals from taxable, tax-deferred, and tax-free accounts to help increase income and reduce tax burden.
Legacy and Estate Planning Strategies
Many retirees value preserving their assets and helping ensure their estate gets distributed according to their wishes. We work with estate attorneys to develop a comprehensive plan that meets their legacy goals.
What Sets Us Apart
Our approach to retirement planning goes beyond investment management. We address all aspects of your financial life, from investment and tax strategy to estate planning strategies and healthcare costs. This helps ensure that your retirement plan is fully aligned, giving you confidence in your financial future. Our strategies are designed solely to help you achieve your retirement goals. You can trust that our advice always focuses on what’s best for you.
Retirement planning is an ongoing process, so we believe in forming lasting relationships with our clients. We provide continuous support throughout your retirement, adjusting your plan as your needs and circumstances change. Proactive service is vital to our approach. We regularly review your financial situation and the market, adjusting as needed to keep your plan on track and secure your financial future.
A Practice Committed to Excellence
Our Approach to Retirement Planning
Retirement success starts with a straightforward, systematic approach. Our retirement planning process is straightforward and stress-free:
01 / Discovery
We start by understanding your retirement goals, financial situation, and lifestyle needs. This approach allows us to create a plan customized to your retirement vision.
02 / Strategy Development
We craft a comprehensive retirement plan based on your unique situation. This plan includes income generation strategies, tax-efficient withdrawals, investment management, and healthcare planning.
03 / Implementation
Once your plan is in place, we will work diligently to implement the strategy. Our team carefully manages your assets, adjusting to align your plan with your goals.
04 / Ongoing Reviews and Support
We regularly review your situation and adjust as needed. Whether it’s market changes, tax law shifts, or personal life changes, we are here to offer support and refine your plan.
Service
Ready to Enjoy a More Confident Retirement?
We are committed to helping you better position yourself to achieve financial security and financial confidence in retirement. Whether you’re about to retire or have already transitioned, our team will guide you with specialized advice and personalized solutions that help ensure your financial well-being.
*Wells Fargo Financial Advisors Network does not provide legal or tax advice
Contact Magellan Financial
Contact us today to schedule a consultation and build a retirement plan that fits your unique needs and aspirations.