Retirement Planning


Retirement Advisors in Atlanta

Planning Retirement Atlanta Advisors









Are you nearing partial retirement or considering retiring completely? What is your retirement income distribution plan? We can plan for a specific retirement date but our final end date is a mystery. Will your resources last as long as you?

Retirement Five Step Process:

  1. Vision: What do you want your retirement to look like?
  2. Budget: Establish a Current verses Retirement budget that realistically distinguishes wants from needs. Consider health care, long-term care, assisting family members and other expenses.
  3. Income distribution Plan: Create and implement a retirement income distribution plan that incorporates dependable income streams including Social Security, pensions and annuities that will replace your working income.
  4. Estate, Tax and Legacy Planning: Ensure that you have a tax and estate plan in place.
  5. Retire: Set the date to step back or completely retire.


Considerations prior to and at retirement

  • Impact of taxes on Social Security benefits; managing tax burden.
    • Are you leaving money on the table by not fully understanding Social Security Options.
  • Rules affecting Roth IRA distributions.
  • Roth conversions and the consequent tax impact.
  • When is the best time to start claiming Social Security? What if you’re divorced or widowed?
  • Required Mandatory distributions (RMD) and reaching age 72.
  • Cash Value/Whole life insurance and distribution rules.
  • Taxes on non-qualified and IRA tax deferred annuity distributions.
  • How does your income impact the premiums you pay out of pocket for Medicare?
  • Work-sponsored pension planning – what is your best strategy?
  • Long Term Care needs

*Scarlet Oak Financial Services does not offer legal or tax advice. Please consult the appropriate professional regarding your individual circumstance.

*Not associated with or endorsed by the Social Security Administration or any other government agency.