Preparing for life’s next chapter
See how your savings, your future income and the life you want fit together, before you get there.
Retirement Planning
A clear picture of the years ahead
I look at what you have saved, the income you will need and your lifestyle goals, and how they work together.
What I look at
- Your savings and pensions
- Income and withdrawals
- Social Security timing
- Long-term care
Questions I answer
- Where will my income come from?
- How much can I draw each year?
- What if I live longer than expected?
- How do taxes affect what I keep?
Why it matters
The pieces of a retirement plan
Each piece affects the others, so I look at them together.
Saving for the long term
How workplace plans, individual retirement accounts and pensions fit together, and how taxes apply to each.
Income and withdrawals
How savings can become steady, predictable income, and how the order of withdrawals can affect your taxes.
Social Security timing
When to claim, and how that choice affects your lifetime benefits and your spouse’s.
Long-term care
How you might pay for extended care, which Medicare and regular health insurance generally do not cover.
Long-term care
Two questions worth asking now
Extended care is generally not covered by Medicare or regular health insurance.
01 What funds have you set aside to cover potential care costs?
02 Could your retirement income support the added expense of more care?
FAQs
Answers to questions I hear often. They explain how things work; your own situation is worth a conversation.
01.
What makes a withdrawal plan sustainable?
One that draws from your savings at a pace they can support for as long as you need them, with room for inflation, market changes and a longer-than-expected retirement.
02.
What is income and distribution planning?
Structuring steady, predictable cash flow from your savings to support the lifestyle you want in retirement.
03.
Does Medicare cover long-term care?
Extended care at home or in a facility is generally not covered by Medicare or regular health insurance.
04.
What should I ask about long-term care?
- What funds have you set aside to cover potential care costs?
- Could your current retirement income support the added expense of more care?
05.
When should I think about Social Security?
Well before you claim. Your claiming age affects your lifetime benefits and your spouse’s. See my Social Security & Medicare page.
06.
Do you offer retirement workshops?
Yes. My financial literacy workshops include Fulfilling Long-Term Goals and Optimizing Your Social Security Income, and upcoming dates are listed on my calendar. See the Workshops.
Talk it through with Karen
For one-on-one questions, a Complimentary Discovery Call is a good place to start.
Book an Appointment (opens in a new tab)Learn alongside others
My financial literacy workshops are listed on my calendar, and organizations can request one of their own.
See the Workshops