Living the Retired Life 

The Background

Michelle and Sean – 74 & 76 years old  

Michelle and Sean were worried. The ups and downs of the market never much concerned them in their working years. But now they’ve been retired for a few years, live on fixed income, and are not sure they can take (and recover from) another big hit. Also, they were surprised to learn that their taxes did not seem to be decreasing in retirement. With property taxes, taxes on Social Security, and RMD’s weighing on them, they needed someone who could provide organized strategies to minimize taxes, get the most from their income, and create a stable plan for the future. In addition to taxes they paid on their qualified accounts via RMD’s, they were paying substantial amounts to the IRS on the income they received from dividends in their trust accounts. Lastly, through all the planning for retirement, they never stopped to ask themselves what they would do in their golden years to stay healthy and happy. Through our process, we helped them identify their goals and create a roadmap for success.