FAQs

💬 Pre-Retiree Retirement Planning Questions

Income & Savings

1. How much money do I really need to retire comfortably?
2. Will my savings, 401(k), or IRA last throughout my retirement?
3. How do I turn my retirement savings into a steady paycheck?
4. What’s the safest withdrawal rate so I don’t run out of money?
5. Should I keep investing aggressively, or shift to safer options now?

Taxes

6. How can I reduce taxes on my retirement income?

7. Is it better to convert my traditional IRA/401(k) into a Roth before retirement?

8. What are the best ways to create tax-free income in retirement?

9. How will Social Security benefits be taxed?

10. Do I need to worry about Required Minimum Distributions (RMDs) affecting my taxes?

Social Security & Pensions

11. When should I claim Social Security — early at 62, full retirement age, or delay until 70?

12. How do I maximize my Social Security benefits?

13. If I have a pension, how should I decide between lump sum or monthly payments?

14. Can I work part-time while receiving Social Security without penalties?

Healthcare & Risks

15. How do I plan for healthcare costs and Medicare?

16. Do I need long-term care insurance, and when should I buy it?

17. What if inflation eats away at my retirement income?

18. How do I make sure my spouse is financially secure if I pass away first?

Estate & Legacy

19. What’s the best way to leave money to my kids or grandkids without a big tax burden?

20. Do I need a trust, or is a will enough?

21. How can life insurance play a role in wealth transfer?

Lifestyle & Planning

22. Can I retire earlier than 65?

23. Should I downsize my home or relocate to reduce living costs?

24. How do I balance enjoying my retirement now with leaving a legacy later?

25. What’s the first step I should take today to feel confident about my retirement plan?