At Kreppel Tax Advisory Group, we assist clients with income planning by carefully transitioning their finances from the accumulation phase to the spending phase of retirement. We address critical factors such as determining sustainable withdrawal rates, optimizing Social Security benefits, and strategically positioning investments to meet income needs while mitigating the risk of running out of money. Our goal is to ensure clients avoid unnecessary tax burdens and eligibility issues for vital programs, providing a secure and balanced income strategy.

Our approach encompasses comprehensive planning to protect and enhance your retirement income. We focus on creating a stable, inflation-protected income stream and managing the complexities of Required Minimum Distributions (RMDs) to maximize tax efficiency. By evaluating how income strategies intersect with tax implications and market conditions, we help clients achieve a reliable and increasing income that can adapt to various economic scenarios, ensuring financial stability throughout their retirement years.

Retirement income planning includes the following key areas:

• How much income can you draw from your investments today, while minimizing the risk of running out of money tomorrow?
• How much income can you draw from your life’s savings?
• When should you draw Social Security benefits?
• How can you position your investments to provide for your income need?
• How do you protect your income against inflation?
• How can you create stable, increasing income that can last no matter how long you live?
• How should tax planning affect your income strategy?
• How can you protect your income from bear markets and corrections?
• Understanding the complicated rules for Required Minimum Distributions from your retirement accounts