Your WEALTH MATTERS BLOG

In many ways, it will depend on your situation and the type of pension you’re accessing. But some forethought and extra planning can be helpful to best manage your retirement income tax situation, as well as your estate tax liabilities.

Imagine a parent or spouse passes away and there is no will in place? This happens all too frequently and the impact can be devastating to the Estate at a time when grief is already at a peak.

Choosing exactly when to retire is an intensely personal decision that requires many parts of your life to align. Considerations need to be made for finances, health, mental fortitude and how much passion you still have for what you do. Connecting with a financial advisor who can help you put together a retirement plan is the first step to getting your ducks in a row.