People Transitioning to Retirement

Life is about to change significantly for those transitioning to retirement, a goal many have worked toward their entire lives. As retirement approaches, it’s crucial to have a solid plan in place. Pre-retirees often ask questions like, “Will I have enough money set aside?”, “Where will my income come from?”, or “As a business owner, do I need a succession or exit strategy?” Veracity Capital helps clients nearing retirement prepare financially, focusing on personal and family priorities for the golden years and aligning investment portfolios and retirement funds with their goals.

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Retirement Income Planning

Retirement changes your entire income structure, and getting a handle on the investment vehicles that will guide your post-work finances is essential. Our full slate of retirement income planning helps clients assess their goals and create a dependable revenue stream. We analyze your needs by reviewing your investments and reallocating assets as needed.

Whether you plan on drawing from an IRA, pension, Social Security, investments, or new income sources, Veracity Capital focuses on helping you make the most of your income in retirement.

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Tax Mitigation

Taxes play a huge role in retirement planning. Whether you’ve made tax-deferred plan contributions or plan on making tax-free distributions from your retirement fund, Veracity Capital’s tax management team helps you understand the tax implications of retirement. We seek ways to limit our clients’ tax liability and maintain financial strength and stability.

Our strategies might involve adjusting the balance of taxable and tax-advantaged accounts, overseeing required minimum distributions (RMDs), and looking into the latest approaches in tax-efficient investments.

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Investment & Portfolio Strategy

Timing is critical for people transitioning to retirement. Veracity Capital helps them make decisions on selling stock options, risk mitigation, alternative investments, and passive income sources. Our experience and skill in investments allow our clients to make the right moves at the right times.

Veracity Capital helps corporate executive clients by finding creative ways to grow future wealth, such as restricted stock units (RSUs), stock options, stock appreciation rights (SARs), employee stock purchase plans (ESPPs), and other forms of equity compensation. We work on enhancing your investment returns by aligning them with your goals and risk tolerance levels.

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Estate Planning

One of the most sensitive tasks financial advisors take on is preparing estate plans. After all, thinking about how to distribute your assets to loved ones can be a stressful, arduous job.

Veracity Capital eases the burden by guiding pre-retirees through the difficult task of managing their estate. Our professionals work with attorneys who help their clients update wills, establish trusts, designate beneficiaries, and donate to charity. We also provide guidance on lowering estate taxes and streamlining the passing of assets down to heirs.

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Social Security & Medicare Strategies

Social Security and Medicare are crucial components in any retirement strategy. Leaving these safety nets unaccounted for can result in insufficient income, lapses in medical coverage, inadequate healthcare, and outliving one’s retirement savings.

Helping clients tackle the intricacies of these two programs, Veracity Capital optimizes the timing of claiming fund benefits, arranges for spousal benefits, and investigates whether alternative coverages might be more advantageous. Our financial advisors help clients avoid expensive missteps like skipping deadlines, making unoptimized healthcare choices, and paying costly penalties.

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Insurance Planning 

Insurance planning is essential to safeguard the wealth you’ve accumulated for retirement. For example, taking out a comprehensive life insurance policy assists your beneficiaries in limiting post-death expenses. It can also help when setting up a plan for long-term care, potentially giving retirees a boost in extended programs like in-home care.

A well-drawn insurance policy can also shield you and your family from the fallout of unexpected events like accidents and sudden disabilities. It can additionally serve as a hedge against expenses like hospital bills and estate or inheritance taxes. Veracity Capital creates innovative insurance packages that allow our clients to enjoy retirement with as little anxiety as possible.

Let’s take this journey together.

Our goal is to help guide you toward a successful, secure, and confident financial future.

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