Retirement Planning
From Business to Retirement
Like all business owners, you will eventually transition into retirement. At the Lindsey-Trost Group, we integrate your personal and business planning to help ensure a smooth and confident transition into retirement. As we walk you through our comprehensive financial planning process, we help you:
- Establish the appropriate retirement plan structure (defined benefit, 401(k), profit sharing, SEP, safe harbor) for your unique business situation
- Generate a secure and stable income that supports your long-term retirement goals
- Leverage pre-tax and Roth* strategies to assist with asset growth and tax efficiency
- Take advantage of available tax-savings opportunities (backdoor Roth conversion), based on your individual situation
*Conversions from IRA to Roth may be subject to its own five-year holding period. Unless specific criteria are met, Roth IRA owners must be 591/2 or older and have held the IRA for five years before tax-free withdrawals of contributions along with any earnings are permitted. Converting a traditional IRA into a Roth IRA has tax implications. Investors should consult a tax advisor before deciding to do a conversion.
The Lindsey-Trost Group helps you answer common questions related to your retirement.
- How will I deal with a change in my retirement plan, like a drop in the market?
- Where will I live in retirement?
- Who will I leave my legacy to?
- Why should I consider a charitable remainder trust?
- What happens when my spouse passes away?
- When should I pay off my mortgage?
Ready for retirement? Let us help you navigate the four phases of the retirement lifecycle.
We help business owners with...
- Business retirement structures (401(k), DB plan). Transferring wealth from the retirement structures to the retiree.
- Retirement lifestyle planning
- Personal cash flow analysis. Look at their expenses and income to make sure their match.
- Net retirement income planning OR Retirement income, net of taxes
- Social security analysis
- Health insurance in retirement analysis
- Charitable remainder trust and giving + gifting strategies
- Retirement risk management
- Managing the early death of a spouse
- Deal with changes in your retirement plan
- Long-Term Care Insurance
Steward Partners, its affiliates, and Steward Partners Wealth Managers do not provide tax or legal advice. You should consult with your tax advisor for matters involving taxation and tax planning and their attorney for matters involving trust and estate planning and other legal matters.
Steward Partners Investment Solutions, LLC offers insurance products in conjunction with its licensed insurance agency affiliates.