Pre-Retirees
You’ve spent decades building wealth. Now it’s time to determine how that wealth can support your lifestyle, family, charitable goals, and legacy for years to come. Peak helps pre-retirees navigate the complex financial decisions that accompany retirement with a comprehensive planning process focused on clarity, informed decision-making, and thoughtful long-term planning.
Comprehensive Retirement Planning is the Key. Leave uncertainty behind.
As you approach retirement, the decisions you make become critical. Missteps can mean inadvertently outliving your resources or needing to adjust your lifestyle in ways that weren’t part of the plan. You may feel overwhelmed by questions swirling around healthcare costs, Medicare, Social Security timing, and what assets you’ll have left to pass to heirs or charities. You may hold various buckets of assets and feel unsure whether to take from retirement accounts earlier or wait for required minimum distributions. You understand how Roth conversions work, but are they applicable to you? And managing tax brackets and effective tax rates will likely be far more nuanced than they were during your peak working years.
You’ve always been able to give to your children and charities – but what does the balance look like between giving generously now versus ensuring you don’t run out of money? If long-term care is needed, will you have enough liquidity to manage, or will you need to sell your home or access equity to pay for it? Your estate plan from 15+ years ago likely needs a full review, as your circumstances and balance sheet have changed significantly since the documents were executed.
Through a comprehensive retirement planning process, Peak Asset Management works with you to build a plan tailored to your goals and circumstances. Our aim is to bring clarity and structure to complex decisions — while being straightforward about what planning can and cannot control.
Peak will assist you by:
- Building comprehensive balance sheets, cash flow statements, and retirement planning reports showing where you are today and where we project you to be
- Analyzing everything from sustainable withdrawal rates to how inflation will affect your purchasing power over time
- Modeling when it makes sense to claim Social Security and whether you can wait to take distributions from retirement assets
- Designing reports showing the impact of Roth conversions on your plan and whether this strategy is prudent to consider in retirement
- Evaluating whether gifting now is a more effective legacy planning strategy versus gifting at death
- Analyzing your current estate plan and coordinating observations and suggested revisions with your attorney, weaving legacy planning into the fabric of your overall wealth management strategy
- Addressing potential liquidity shortfalls on your future balance sheet and modeling solutions, including accessing illiquid assets like real estate, to bridge any gap
- Reviewing the role your home plays on your balance sheet, assessing both cash flow implications and capital gains tax considerations around downsizing, reverse mortgages, and purchasing and/or maintaining vacation or investment properties
Retirement planning involves modeling, projections, and ongoing analysis. We work to anticipate the scenarios that matter most — and we don’t stop at the initial plan. Financial planning in retirement is not static. It’s an ongoing process, and we meet with you regularly to assess where you are, what has changed, and what adjustments may help keep you on course.
Rebecca and Sam's Story
