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can be of assistance.

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Recent Posts
Why Every Family Needs an Estate Plan: Wills, Trusts, and Planning Beyond the Basics

Discover why estate planning isn’t just for the wealthy. Learn the difference between wills and trusts, when to use them, and how to avoid probate to protect your family’s future. ...

The post Why Every Family Needs an Estate Plan: Wills, Trusts, and Planning Beyond the Basics first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more
Business Owners Impact Tax Proposal/Big, Beautiful Bill: What You Need to Know Now

The One Big Beautiful Bill Act is generating significant attention for its sweeping tax and business reforms. While the bill has passed the House of Representatives and ...

The post Business Owners Impact Tax Proposal/Big, Beautiful Bill: What You Need to Know Now first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

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Retirement

Congratulations! Embarking on retirement is such an exciting time. Although envisioning newfound freedom and relaxation is often the first thing that comes to mind, transitioning into retirement also brings certain financial considerations. It is essential to update your financial plan to reflect this significant life change.

Please use this list as a guide and reach out if we can help you complete any of the items.

  • Update Estate Planning Documents
    Create or update your Will along with your Powers of Attorney. Review and update beneficiaries on all life insurance and retirement accounts, including employer plans. Consider designating a contingent beneficiary.
  • Evaluate Retirement Goals
    Revisit your retirement goals as a couple and determine if any adjustments are needed. Consider factors such as the desired retirement age, lifestyle expectations, and risk tolerance.
  • Assess Retirement Account Allocation
    Review your retirement account allocations to ensure they are in line with your long-term goals. Consider diversifying your investments and periodically rebalancing your portfolio.
  • Maximize Retirement Savings
    Take advantage of any employer-sponsored retirement plans, such as matching contributions to your 401(k). Contribute at least enough to receive the full employer match to maximize your retirement savings potential.
  • Plan for Social Security
    Familiarize yourself with the Social Security benefits available to you and your spouse. Understand the eligibility requirements and consider the optimal timing for claiming benefits.
  • Update Beneficiaries and Contingent Beneficiaries
    Review and update beneficiaries on your retirement accounts, ensuring they align with your current wishes. Consider designating contingent beneficiaries as well.
  • Continuously Monitor and Adjust
    Regularly review and assess your retirement plan. As circumstances change, make necessary adjustments to your contributions, investment strategy, and overall retirement goals.

Visit Life Changes page
Life sometimes has some unforseen changes that can feel overwhelming.

Schedule your free Exploratory phone call

Click here to see how we
can be of assistance.

Payment Portal
for Tax and Accounting Invoice

This link offers a secure, quick way to complete your payment with Omni360 Advisors LLC.

Our Social Media

Connect with us on Social Media using the following buttons:

Visit our Podcasts

Listen in, Join the Conversation!

Recent Posts
Why Every Family Needs an Estate Plan: Wills, Trusts, and Planning Beyond the Basics

Discover why estate planning isn’t just for the wealthy. Learn the difference between wills and trusts, when to use them, and how to avoid probate to protect your family’s future. ...

The post Why Every Family Needs an Estate Plan: Wills, Trusts, and Planning Beyond the Basics first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more
Business Owners Impact Tax Proposal/Big, Beautiful Bill: What You Need to Know Now

The One Big Beautiful Bill Act is generating significant attention for its sweeping tax and business reforms. While the bill has passed the House of Representatives and ...

The post Business Owners Impact Tax Proposal/Big, Beautiful Bill: What You Need to Know Now first appeared on Integrated Tax Planning, Legal Planning & Financial Planning.

See more