Retirement Income Planning

Make your retirement dreams a reality.

What do you see in your retirement future?

According to the Federal Reserve, 64% of Americans are not on track to retire comfortably⁷. At Trinity Financial, our mission is to make sure our clients are part of the other 36% - those who have the resources and nest egg to confidently retire and live their dreams⁵.


We meet you where you currently are and then develop and implement a plan to get you where you want to go. That path is different for everyone, but it often includes contributions to retirement accounts, investment planning, Social Security planning, tax issues, and much more.


Our retirement planning services are comprehensive and ongoing. It’s not just about opening an account and investing the money. It’s about monitoring your plan and regularly adjusting any aspect that may keep you from reaching your retirement goals. 


Relationships are the foundation of our firm. We value and nurture our relationships with clients to retirement and beyond.

Retirement Planning is More Than Just Saving for Retirement

Saving for retirement is an important aspect of preparing for retirement, but it’s just one piece of the puzzle. Your contributions to your retirement accounts are the building blocks for your retirement and they’re important to reaching your goals. However, there are other equally important pieces in the planning process.


At Trinity Financial, our retirement planning process considers the entire picture. Our customized approach helps you prepare for every aspect of retirement, so you can enter retirement with confidence and enjoy your golden years on your terms.

  • Retirement Accounts

    If you’re like most Americans, your 401(k) accounts for most of your retirement savings. A 401(k) can be a powerful savings tool, especially if you benefit from a generous employer match. We help you analyze your 401(k) options and find the right allocation for your portfolio.


    We also explore other retirement savings options. Should you utilize a traditional IRA or Roth IRA? If you’re self-employed, what’s the best option for you? Are there other retirement accounts or vehicles you should be using?


    Even if you’re maximizing your contributions to your 401(k) or IRAs, there could be other tax-deferred vehicles that make sense in your strategy. We help you explore all your options and implement the right savings strategy for your budget.

  • Retirement Income Planning

    Your retirement contributions get you up the mountain. Once you reach the summit, you still have to get back down. Retirement income planning is often just as important as saving for retirement. 


    Consider that you could live in retirement for 30 years or more. How do you make your nest egg last that long? What if unexpected costs drain your savings? What if a market downturn impacts your savings in retirement? How do you make sure your savings last throughout your retirement?


    Our retirement income planning process helps you find the right mix of retirement income to support your lifestyle and protect your nest egg.

  • Investment Planning

    Investment planning can be a balancing act as you approach retirement. On one hand, you want to grow your assets and achieve positive returns. On the other hand, you likely want to minimize risk and avoid losses. 


    Many people experience a change in risk tolerance as they get closer to retirement. They become less comfortable with market swings and volatility. However, they may not adjust their portfolio to align with their new risk tolerance.


    At Trinity Financial, our goal is to find the right balance of risk and return for your comfort level. We want to help you achieve your goals without you losing sleep at night. We regularly monitor your portfolio and communicate with you to adjust the strategy as needed. As your life and risk tolerance changes, so too does your investment strategy.


    Investment planning isn’t a one-time, “set it and forget it” process. It’s an ongoing, fluid process based on a strong, transparent relationship.

  • Tax Minimization Planning

    Taxes don’t stop just because you’ve stopped working. In fact, taxes could be one of the biggest expenses you face in retirement. Some of the taxes you may face in retirement include:


    • Income taxes on retirement distributions, Social Security benefits, and other income
    • Property taxes
    • Sales tax
    • State and local taxes
    • And more

    Taxes are a key component of your financial picture, so we keep them in mind when developing retirement strategy. We can’t eliminate taxes in retirement, but we can take steps to help minimize your exposure. That starts with proactive, forward-thinking planning.

  • Healthcare and Long-term Care Planning

    According to Fidelity, the average retiree will spend $315,000 out-of-pocket on healthcare in retirement⁶. That estimate doesn’t include long-term care costs.


    Healthcare and long-term care are some of the single largest expenses you may face in retirement. Fortunately, you can take steps today to prepare for these future costs.


    There are a wide range of tools and strategies that can be implemented to minimize the impact of healthcare costs on your retirement nest egg. However, most of these strategies require advanced planning. Time is your ally when it comes to planning for healthcare, long-term care, and other retirement costs.

Are you on track for retirement? 

Wondering if you’re on the right path to reach your retirement goals? Let’s talk about it. It doesn’t matter if you have decades until retirement or if it’s approaching quickly. We meet you where you’re current starting point and develop a plan to reach your desired goal.


Let’s schedule a consultation and start the conversation. We welcome the opportunity to help you make your retirement dreams a reality.