Preparing for retirement can be complicated for anyone. For individuals with complex investments, real estate property, and other diverse assets, the layers of complexity can be overwhelming. Plante Moran Wealth Management teams take a holistic approach to helping clients plan for and transition into retirement. Our planners don’t just focus on your cash assets and investment portfolio to help you prepare a strategy - they look at your broader balance sheet and your individual goals and circumstances to help craft a personalized plan that gets you ready to enjoy the next stage of your life.
Financial advisory and strategy
Plante Moran Financial Advisors’ professionals can work with you to evaluate your investment assets and your projected needs to make sure you’ve got a balanced investment approach that is suitable for helping you meet your financial goals. We’ll also look at non-cash assets (like real estate or insurance) to factor that into your overall plan so you have a comprehensive understanding of how all the pieces will fit together.
Are there tax considerations that you should be aware of now, before you move into retirement? What aspects of your current investment strategy stand to impact you when your status changes? What is the interplay of individual, trust, and transfer taxes on your plan? Our personal tax consultants can help you figure this out and factor this into your overall strategy.
Whether you own your own company or work for someone else, your insurance needs will probably change when you move into retirement. Our insurance experts can review your current arrangements and help you prepare for your future with plans and products that are right for your needs.
Business transition consulting
If you are the owner of an active business entity, your retirement planning process may have additional questions to consider: What will you do with your business once you’re ready to let go of the day-to-day leadership duties? Do you have someone in the family or on your team ready to take over the management of the company, or are you interested in considering a sale of the business to create additional liquidity for your retirement strategy? The earlier you explore these questions, the stronger your planning process will be. Our business transition experts can help you find a solution that makes sense -- both financially and emotionally -- for you and your family and then help integrate the execution into your overall planning efforts.
Estate planning services
As you prepare to move into the next stage of your life, Plante Moran’s estate planning specialists can work with you to help ensure your long-term wishes and goals are accounted for in your strategy. Whether you are interested in funding philanthropic giving or helping to secure a future legacy for your heirs, Plante Moran’s Wealth Management team can help you to continue to pursue your goals even after you retire from the active workforce.