At Senior Benefits Group, we have a mission to provide our clients with the tools and knowledge they need to make a proper decision in today’s uncertain time. Most individuals in or near retirement have three financial legs to support them in their retirement years:
- Social Security benefits
- Qualified retirement savings [401(k), IRA, 403(b), etc.] on which taxes have not yet been paid
- Non-qualified savings and investments on which taxes have been paid on the principle and possibly some or all of the earnings
By carefully coordinating the use of these three sources of money, the typical retirement-minded couple can add up to 20% to the after-tax income and afford a better retirement lifestyle. Unfortunately, most couples in or near retirement overlook the importance of coordinating the uses of their available money. The results end up being higher taxes and lower lifestyles in retirement. Both can be avoided!
Please contact us so that we can assist you through this very important process.