Unlock Your Dream Retirement:
Aligning Wealth with Purpose!

Planning for retirement is not just about numbers,
It's about turning your dreams into reality.

Retirement will likely be one of the biggest expenses in your life. Therefore, it’s important to develop a plan and evaluate your goals at least once a year. We can help.

Understand the impact of taxes on your financial plan for a smoother journey.

Taxes can significantly affect retirement plans, influencing income, withdrawals, and overall financial strategies. Learn how to navigate these tax implications for a more secure retirement.

Different Tax Treatments:

Taxable Accounts (Tax Now)

You invest money that has already been taxed. Any earnings, interest, or dividends generated within the account are subject to taxes in the year they are received such as:
Regular brokerage accounts, savings accounts, and checking accounts.

Tax-Deferred Accounts (Tax Later)
Contributions to these accounts are made with pre-tax dollars, reducing your taxable income for the year. Earnings grow tax-deferred until you make withdrawals in retirement, at which point they are taxed as income such as:
Traditional IRAs, 401(k)s, 403(b)s, and other similar retirement accounts.

Tax-Advantaged Accounts (Tax Advantage)
Contributions are made with after-tax dollars, but qualified withdrawals, including earnings, are tax-free. This can provide tax-free income in retirement such as:
Roth IRAs, Roth 401(k)s, Health Savings Accounts (HSAs), 529 plans and Cash Value Life Insurance.

Unlock the Backdoor to Your Retirement


Did you know that there's a remarkable strategy for high-income taxpayers to access the tax advantages of a Roth IRA without being hindered by income restrictions? The 'Backdoor Roth IRA' presents retirement planners with a solution to leverage the benefits of Roth IRAs in an IRS-approved manner, circumventing income limitations.

Here's a step-by-step breakdown of how you can make the most of a Backdoor Roth IRA conversion:

1. Fund your Traditional IRA:  
You can fund an existing or new traditional IRA for this first step.

2. Convert your traditional IRA money to a Roth IRA: 
With the guidance of an IRA administrator (or a financial advisor) you can complete this step and move money into a Roth IRA. You will receive the paperwork and instructions on this step from your financial advisor.

3. Know your Taxes:
You will be taxed when there is a taxable event, and your financial advisor will be able to help you estimate your tax bill. Only post-tax dollars move into Roth IRAs. When it comes time to file your tax return, be prepared to pay income tax on the money you converted to a Roth.

4. Prepare to pay taxes on the gains in your traditional IRA:
This is where moving quickly from a traditional IRA to a Roth can be to your advantage. Money moves can occur as quickly as the following business day so that gains are not accumulated within the traditional IRA before they are converted to a Roth IRA. If the money in that traditional IRA has been there awhile and there are investment gains, you will owe tax on those gains at tax time
In the end, by utilizing this backdoor entry into a Roth IRA, smart retirement planners can work towards having a healthy savings set aside in this key retirement account.


Crafting Your Retirement Masterpiece

We start by building a personal balance sheet, projecting your retirement resources, and aligning your asset allocation with your financial and estate plans. The Financial Health Analysis (FHA) is our dynamic tool, allowing us to instantly adjust assumptions. Picture this: your expenses, rates of return, pensions, Social Security benefits, legacy goals—all in real-time scenarios.
In this collaborative journey, you gain confidence, exploring diverse scenarios, and aligning choices with your values. With regular plan updates, you'll track progress and stay on the path to your dream retirement. Let's turn your retirement vision into a vibrant reality!