Thoughtful analysis to help reduce the worries in retirement.

Plotkin Financial Advisors, LLC (PFA) offers comprehensive retirement income planning to help alleviate the uncertainty of managing your investments in retirement.  If you are planning your retirement or are currently retired, our retirement planning solutions help project your income needs and determine an effective withdrawal strategy that is not only sustainable but is also feasible.

Our retirement income planning process analyzes the income sources you have available and determines a portfolio allocation that is suitable for your income needs. Typically, the income sources you have in retirement may include:

  • Social security
  • Defined Benefit or Pension
  • Annuities
  • Company retirement accounts (TSP, 401(k), 457, 403(b), etc.)
  • Individual Retirement Accounts (Roth IRA or Traditional IRA)

If you are currently employed, our team of CERTIFIED FINANCIAL PLANNERS ™ will work with you to forecast your expenses in retirement to determine how much income you will need.  We then will create a budget to help you accumulate assets efficiently ahead of your planned retirement to meet your needs.  We plan for this by projecting your cash flow, future expenditures, and calculate adjustments by anticipating the impact of inflation.

Conversely, if you are retired or are recently retired our retirement solutions will craft your portfolio to help meet your income, growth and preservation needs.  As you transition to retirement, one of the most difficult tasks is budgeting and understanding how to manage your investment accounts effectively.  Our investment platform allows us to structure portfolios that offer:

  • Automated transfers to your checking or savings account
  • Income generating securities
  • Appreciation potential to manage inflationary risk
  • Professionally managed portfolios based on risk tolerance, goals, and needs
  • Single and joint life fixed or variable annuities

Our retirement income planning process is integrated with a comprehensive financial plan because it is necessary also to analyze your entire financial situation before recommending how much you can budget each year.  With the financial plan, we project the costs surrounding critical areas, including:

  • Long-term care insurance
  • Life insurance planning for income replacement or managing a potential estate tax
  • Assets that you wish to bequeath to family and other beneficiaries

Utilizing our retirement planning services will give you the comfort in knowing that you will have a team of CFP®’s managing your investments and monitoring your plan.  Clients have found that we not only assist in maintaining a budget, but we also encourage clients to enjoy retirement and cross items off their “bucket list.”

Below are some of the advantages to working with Plotkin Financial Advisors, LLC to meet your retirement income needs:

  • Experience

    The financial advisors at PFA offer experience to every client engagement.  Our advisors are backed by industry credentials and have either attained the CFP® or CFA designation.

  • Independence

    Plotkin Financial Advisors, LLC is an independent financial planning firm and since we are not part of a brokerage firm with in-house products or solutions we can meet your financial needs and goals objectively.

  • Aligned Interests

    As fiduciaries we have the obligation to offer solutions and guidance that are in the client’s best interest.  Combined with an open architecture platform, we have the resources to find the solutions to meet your needs.

  • Simplicity

    Through our Signature Services program we offer the convenience of coordinating your estate planning and annual income tax planning needs.  Further, our signature services cover the legal fees of your estate plan and annual fees of preparing your income tax return.  Our Signature Services are offered to qualifying clients.

Let our team of financial advisors work with you through retirement so that you can have the comfort in knowing you are properly managing your investments – together we will help you enjoy your hard-earned retirement.  PFA has been helping households in Maryland, Washington, D.C. and Virginia plan and achieve their retirement goals, please feel free to contact us today to learn more!