At Pantheon Wealth Planning we begin Los Altos retirement income planning with smart investment and savings options designed to create a source of income for when it is most needed. Optimally you want to aim for ways to invest with the best chances for protecting your principle while drawing on the investment earnings. Los Altos Pre-retirees sometimes achieve this by investing in stocks and bonds over time, planning to benefit during retirement from the anticipated income from dividends and earned interest.
Informed Los Altos retirement advice incorporates the fact that traditional stock market investing is subject to market fluctuations creating concerns with unpredictable income flow. Pantheon Wealth Planning is here to help clients understand other investment tools that are good to consider in Los Altos, such as a fixed annuity. While there are always risks involved with any investment, the fixed annuity is a vehicle that can in some cases provide a more predictable Los Altos retirement income while, at the same time, protect the principal investment.
Fixed annuities are long-term investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Guarantees are based on the claims paying ability of the issuing company. Withdrawals made prior to age 59 ½ are subject to a 10% IRS penalty tax and surrender charges may apply.
The truth is that Los Altos retirement income planning needs to be done with a well-considered investment vehicle, dependent on individual needs. For example, when owning a substantial estate, it is important to understand how proper Los Altos estate planning is required to protect the worth of the estate. One part of estate planning includes drafting a Last Will and Testament. One purpose of that Living Will is to ensure that assets left behind are distributed the way each client would want. These well-drafted documents make life so much easier for those left behind.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax advisor.
Our Los Altos retirement advice is comprehensive, including viable details such as Los Altos inheritance tax planning. It would be a shame if the inheritance you have worked so hard to have in place ended up being significantly taxed. We help clients employ the tax strategies available to leave less of a tax burden on those you leave behind.
Preparing for retirement can be complex. Our firm helps clients stop dreading it and start feeling confident about making retirement dreams come true. Our team of Los Altos retirement income planning professionals is ready to make your life easier by partnering with you on your retirement goals today. To get started with the retirement income solutions you need, call 408-404-8282. If you are interested, you can ask to schedule a complimentary consultation meeting when you call. The future is brighter when you feel confident that your financial affairs have been set in order.