Wealth Management CPAs is dedicated to giving you…
Medicare Open Enrollment is here! Scroll down to learn more about our comprehensive services. ⇓
Seasoned CPAs and Advisors provide fiduciary-standard guidance to your ideal retirement.
Wealth & health go hand in hand. Balance your approach with a goal of increased health & longevity.
Learn about the tax and legal implications of your financial decisions.
We're Here To Help
Learn key principles of Wealth, Health, & Longevity to help you…
Understand the ins & outs of Medicare/Parts A, B, C & D and how to lower your premium
Exempt your Medicare plan from often unknown hidden premiums
Realize your share of the costs for services and supplies, under your Medicare plan
Learn about health insurance options when retiring prior to qualifying for Medicare
Determine what your Medicare plan covers, (Vision, hearing, dental, and prescription coverage?) and how to make changes to it
Protect your estate from long-term care expenses while remaining in your own home
Avoid being forced to sell your assets or surrender your money to Medicaid
Eliminate taxes on your social security benefits
Be aware of when you should not put your children on your bank accounts and property titles
Recognize why a living trust may be more effective than a regular will & why you may need one
Someone's sitting in the shade today because
someone planted a tree a long time ago.
⬢ ⬡ ⬢
Frequently Asked Questions
Analysts recommend a retirement income of 80% of your final employment income. The average retirement household income is about $48,000 before taxes and spends about $46,000 per year. The average social security income in retirement is about $40,000 per year.
At our firm, we can determine your ideal retirement income based on your specific wants and needs.
After your retirement income is set, we can design a plan positioning you to achieve it.
You can begin taking social security benefits as early as age 62 (or earlier if you’re the survivor of another social security claimant, or on disability). You can wait until as late as age 70. You only get maximum social security payments if you wait until full retirement age (FRA). FRA varies between age 66 and 67 for people born after 1954. If you begin taking benefits at age 62 your payments will be smaller than if you waited until FRA.
Schedule a complimentary consultation to receive professional advice on which year you should begin taking benefits for the highest payout.
Diversify retirement income sources between social security, pensions, rentals, brokerage accounts, savings accounts, bonds, and more. Reduce your expenses. Pay off your mortgage before retirement. Maximize dividend income and stay below the 15% capital gains tax threshold. Keep IRA and 401K withdrawals low.
At our firm, we can discuss with your how best to structure your retirement plan to maximize tax savings.
Update your property title, and the beneficiary information for your IRA, retirement plan, and insurance policy. Make sure family members know how to access your important paperwork. Gather documentation for your will, trust, and power of attorney into a single file.
At our firm, we can go over your estate, review your legal documents and, if you don’t already have estate paperwork in order, we’ll help you begin the process of creating a will, a trust, and other important estate documents.
Review your 401K payout policy and create an income stream (retirement paycheck) from your savings. Take note of 401K fees and consider rolling it over into a fee-free IRA. Assess all your retirement income strategies.
At our firm, we can transfer your retirement accounts (401k, 403b, TSP) into an IRA. We don’t charge any fees for the service.
Find Your Solution
Schedule a retirement planning consultation to sit down with competent advisors at no cost to you.
Submit your contact information here. We will reach out to schedule a time with you.