Retirement Planning
At Laurel Wealth Planning, we recognize that retirement is about more than leaving the workforce—it’s about creating a vision that excites you for this next chapter.
Whether it’s travel, family, or giving back, we start by understanding what matters most to you.
Key Benefits
A clear road map that reduces uncertainty, helping you feel confident about your financial future.
Pre-Retirement: Laying the Groundwork
Retiring Soon or Already Retired: Transitioning From Saving to Spending
Clients who come to us when retirement is on their immediate horizon are often good accumulators who believe they will be comfortable in retirement. But as they move from accumulation mode to the withdrawal stage, they have many questions, including which accounts to take withdrawals from, how to reduce taxes, and how to invest to support this next life chapter.
Folks who are already retired come to us with many of these same financial needs and are often looking for a higher-attention, more in-depth approach that gives them confidence that they are making the most of their resources and opportunities, based on what is most important to them.
We develop integrated strategies for both retired and about-to-be-retired clients, including:
Developing a personalized withdrawal strategy, determining which accounts to draw from first and when.
Considering all income sources, pensions, Social Security, deferred compensation payouts, sale of company stock, inheritances, etc.
Managing the tax implications of required minimum distributions (RMDs), Social Security benefits, and investment gains, with strategies for the near term and down the line.
Aligning investments for income needs, longevity, and tax planning, as well as preferences for managing risk while pursuing desired growth.
Planning for healthcare and insurance considerations, balancing coverage with cost efficiency.
Matching philanthropy, family gifting, and estate planning strategies to your values and create your desired legacy.
We also help our clients think about the four stages of retirement and how their financial and personal needs may change, as well as what brings them happiness and contentment in each stage.
Our Retirement Planning Approach
Retirement planning for us is all about helping clients feel confident about their future.
There is a lot at stake when planning for retirement—and when managing finances during retirement—and our goal is to help clients handle all of it wisely.
Some people come to us not knowing how much money they need to retire the way they want to. Others think they have the basics covered but want a roadmap for some “extras” like travel or gifts to charity. We get to know clients’ retirement goals and then create a plan that sets them on a path to meet those goals, working to allay common retirement concerns along the way.
We frequently review and revise the plan and can manage as much or as little of it as clients want, so they can stay as actively involved as they choose to.
Before Retirement
When making a retirement saving plan, scenario analysis can help you visualize how likely you are to achieve your retirement goals. It helps us suggest possible adjustments to your situation, such as saving more, changing your investment strategy, or prioritizing your retirement goals.
The analysis factors in Social Security, traditional and Roth IRAs and 401(k)s, and other investment accounts and assets. We build from there, making a financial plan that factors in retirement goals, tax planning, investment preferences, and current needs.
While retirement planning has a large financial component, we may also talk with you about the soft side of retirement, like what a typical day will look like or how to find common ground with your partner when it comes to retirement goals.
Flexible Solutions Tailored to Your Needs
At Laurel Wealth Planning, we recognize that each client’s journey is unique. That’s why we offer two distinct services: our flagship wealth management services or a point-in-time financial plan. Learn more here.
Why Laurel Wealth Planning for Retirement?
During Retirement
Once you retire, the strategy will shift from accumulation to withdrawal while maintaining a sustainable portfolio. We create a plan that covers which accounts to withdraw from, how to make required withdrawals, how much to withdraw and when, how to manage taxes, and how to invest.
Just as in the pre-retirement phase, we routinely adjust plans. This might happen as your needs and goals change, as you move through the four stages of retirement, and as investment conditions and tax laws change.
Talk to your financial advisor today!
Why Choose Laurel Wealth Planning?
Hear What Our Clients Say:
"Laura Kuntz and her Laurel Wealth Planning team have made all the difference in my senior years! I was a retiree with what felt like a reasonably secure financial future-if stewarded well. Laura has listened and guided me well for 25 years to a level of financial security for myself and families-and for charitable giving far beyond my wildest dreams. I am so pleased that my modest resources are making a difference in education and healthcare for families in Guatemala, for students in higher education who are investing in the human condition worldwide, and for church and local support systems that focus on women and children. My sense of well-being into the future is greatly enhanced because of the thoughtful consideration, integrity, and support I feel from LWP."
