Transition to Retirement

There are two parts to a retirement income plan: planning out your retirement income, and managing your assets to produce the desired level of income.

Retirement income planning

Step One: The Foundation Dialogue

The process starts with a meeting to review your retirement income sources, expenses, assets and liabilities.

Areas of Discussion:


Full time, part-time, no-time, what would you like to do, versus what you need to do.

Social Security

The appropriate strategy to address to maximize the income for you and your spouse.


Current insurance coverage, Medicare and Medi-gap options versus Medicare Advantage, as well as Long Term Care probabilities and funding options-Group vs Individual


“Aging in place”, Relocation, Assisted Living, Continuing Care Retirement Communities

Company Benefits

Deferred Compensation, NUA, Restricted Stock, ESOP, LTC, Life Insurance, Pension, Flex Benefits, Financed Life Insurance

Required Minimum Distribution (RMD)

After age 73, you are required to take a certain amount of distribution from your retirement accounts. We help you create strategies to reduce the impact that taking an RMD can have on your taxes.

Tax Planning

What is the most tax efficient way to use my non-qualified, IRA, 401K, and ROTH assets?

Estate Planning: Wills, Trusts, Special Needs, Philanthropic

By having a complete picture of all these elements, we get a deeper understanding of what is available to support your retirement income plan.

This information is not intended to be a substitute for specific individualized tax or legal advice. We suggest that you discuss your specific situation with a qualified tax or legal advisor.

Step Two: The Draft

Once your goals have been established and financial documents have been collected, we present you with a draft of what we see as your strong points and the areas where you have gaps within your retirement income plan. From this meeting we will discuss the options that we feel will benefit you the most.

Step Three: The Retirement Income Plan

We then create your Retirement Income Plan, a detailed document which outlines what your strengths and weaknesses are, and how we plan to navigate through your retirement.

This will outline such details as how you want your portfolio to be invested, where you plan on living, health care and long-term options you should consider as well how to structure your assets regarding Medicare and your estate plans.

retirement transition

Managing your wealth in retirement


We believe that there is an ART to investing, as well as a science. Our process is based on three distinct elements.

  • Asset allocation
  • Risk management, and
  • Technical analysis

Combining all of these elements into a portfolio that is designed to meet the needs of your retirement income plan.

  • First, we develop your baseline asset allocation, with an eye toward your natural comfort level or bias towards risk. We will help you determine just which type of investor you are.
  • Second, since we know that markets can be very volatile at times, we utilize technical analysis which helps us smooth out the rough ride by acting like a shock absorbent does on your car.
  • Third, almost every individual we meet has little or no risk management in their portfolio. Determining your true comfort with risk is very important to us. It helps us to determine what you should and should not have in your portfolio so that you can have more financial confidence.

We are aware of the impacts of a bad series of returns, early in retirement, as it can destroy one’s long-term success.  We call this "sequence of return risk," and it is a critical part of managing your wealth in retirement.

No investment strategy, including asset allocation, assures a profit or protects against loss.

The High Risk Corredor

Sequence of Return risk can create what we call the “High Risk Corredor”. This is especially significant for those who retire early. Since you have so many years for possible negative returns in early portion of retirement – in addition to having so many years left in retirement - those bad years can literally destroy your entire retirement if you make the wrong decisions during that time period.

There is a need for adept planning for all retirees, no matter how early or late you retire, and at all times during retirement. It is especially critical in times such as market downturns when Sequence of Returns risk looms.


We always have our eyes open for things that could change the landscape for our investments.  Sometimes we can control them and sometimes we cannot.  What we can do, is control how much exposure one is willing to take and which methods can help you the most in meeting the goals of your retirement income plan. We recognize that every Client has unique needs and they should have a portfolio that fits those individual needs.

Are you ready to start the transition to retirement?

The transition to retirement is best described as a multi-step process. Each stage is important.

The table below captures the key tasks you should be carrying out at various points in the timeline.

Parties Involved
Divest assets to heirs Taking distributions from portfolio Continuing to maintain cash flow discipline and budget
You, financial advisor, CPA, estate attorney
Retirement “D” Day
Transition from work to retirement Transition from accumulation to distribution of assets Begin taking Social Security, if you are of age and have not already
You, financial advisor
5 years out
Creating a retirement income distribution strategy Accumulating capital Adjusting portfolio risk tolerance to account for changes in risk tolerance Planning for healthcare in retirement, Social Security, and Medicare decisions
You, financial advisor, CPA
10 years out
Ensuring that estate plan is in order Analyzing accounts for what the tax implications of distributions are likely to be Accumulating capital
You, financial advisor, CPA, estate attorney
10+ years out
Accumulating capital Creating a budget and cash flow discipline
You, financial advisor

When you’re already retired is not the ideal time to start.


Your financial plan and retirement plan should be at the forefront when you are at least 5-10 years away from retiring.


Contact us today to discuss.