Retirement Planning Services in Naples, FL
Retirement changes how you use and manage your financial resources. Instead of focusing primarily on accumulation, your plan may need to address income needs, portfolio withdrawals, taxes, healthcare expenses, Social Security decisions, and other financial considerations over time.
Edwards Asset Management provides retirement planning services in Naples, FL, designed around each client's financial circumstances, priorities, and anticipated retirement needs.
Retirement planning
Retirement Planning Built Around Your Financial Picture
A retirement plan involves more than selecting a retirement date or estimating future expenses. It requires evaluating how your assets, income sources, spending needs, and other decisions work together.
Our Naples retirement planning process may consider factors such as:
- Current assets and retirement accounts
- Expected retirement expenses
- Social Security and pension income
- Portfolio withdrawal needs
- Required minimum distributions
- Tax considerations
- Healthcare and insurance expenses
- Family and legacy priorities
Recommendations are based on the client's individual circumstances and are reviewed as financial needs and conditions change.
Retirement income
Retirement Income Planning in Naples
Moving from employment income to retirement income can require coordination across multiple accounts and income sources.
Retirement income planning may include evaluating anticipated expenses, available income sources, account distributions, and the timing of withdrawals. The objective is to create a framework for meeting ongoing financial needs while considering the client's broader investment plan.
For clients with investments that will help fund retirement, retirement planning can also be coordinated with Edwards Asset Management's investment management services.
Key areas
Key Areas of Retirement Planning
Five areas we evaluate together, because decisions in one almost always move the others.
Retirement Income & Distribution Planning
We evaluate anticipated income needs and available sources of retirement income, including investment accounts, retirement plans, Social Security benefits, and pensions where applicable.
Social Security Considerations
The timing of Social Security benefits can affect retirement income. We help clients evaluate available claiming options in relation to their broader financial circumstances.
Portfolio & Withdrawal Coordination
Investment strategy and retirement distributions are interconnected. We can evaluate portfolio positioning, anticipated withdrawals, liquidity needs, and time horizon as part of the retirement planning process.
Tax Considerations in Retirement
Withdrawals from different account types can have different tax consequences. Where appropriate, we coordinate planning considerations with a client's tax professionals. Wells Fargo Advisors Financial Network does not provide legal or tax advice.
Healthcare & Long-Term Financial Needs
Healthcare costs and potential changes in care needs can affect retirement expenses. Planning can account for estimated healthcare expenses, insurance coverage, and other potential financial obligations.
Before you retire
Retirement Planning for Naples Pre-Retirees
Retirement planning can begin well before your final day of work.
For individuals and families approaching retirement in Naples, planning may involve reviewing projected expenses, available savings, investment allocation, future income sources, employer benefits, insurance coverage, and other financial obligations.
Evaluating these areas before retirement can provide additional time to identify decisions that may need to be addressed before employment income ends.
The wider picture
Retirement Planning Within Your Broader Wealth Strategy
Retirement decisions rarely exist independently.
Investment management, estate planning considerations, insurance, charitable giving, and other elements of wealth management can all influence retirement decisions. Edwards Asset Management considers these areas together when developing recommendations based on each client's financial circumstances and goals.
Go deeper
Retirement Planning Resources
Looking for more detailed educational information about retirement?
Read The Edwards Guide to Modern Retirement Planning for an in-depth discussion of retirement income, Social Security, taxes, Medicare, investments, healthcare, estate considerations, and other retirement topics.
Let's talk
Work With a Retirement Advisor in Naples, FL
Our retirement planning process begins with understanding your current financial position, expected needs, and priorities. From there, the team can evaluate relevant financial considerations and develop recommendations based on your individual circumstances.
Schedule a Meeting With Our Naples Retirement Planning Team