Retirement Planning & Wealth Management in Georgetown, TX
Planning for Every Part of Your Retirement
You’ve worked hard to build your retirement savings. Now it’s time to consider how you’ll turn those savings into income, how much you’ll owe in taxes, and how to make your money last throughout retirement.
At Empower Wealth & Tax, we help Georgetown individuals and families prepare for these decisions through retirement income planning, wealth management, and tax-efficient financial strategies. We focus on helping our clients to understand their options and make informed decisions about their financial future.
Since 2005, we’ve helped people prepare for retirement, and our Georgetown office gives you the opportunity to meet with our advisors in person.
Our Services for Georgetown Residents
We start by getting to know your financial situation and what you want to accomplish in retirement. That includes understanding your investments, income needs, tax considerations, and any concerns you may have.
From there, we help you evaluate the financial decisions ahead and determine which services or strategies may be appropriate for your circumstances.
Retirement Income Planning
How will you pay your expenses once you’re retired? We help you evaluate the income available from retirement accounts, pensions, Social Security, and other financial assets. Our team considers how and when you may need to make withdrawals, how long your savings may need to last, and the potential tax consequences of different distribution strategies. The objective is to develop an income plan that supports your retirement needs.
Tax Planning
Money in a traditional IRA or 401(k) is generally taxed when you withdraw it. Depending on your retirement income, those withdrawals and required minimum distributions can create substantial tax obligations. At Empower, we help you evaluate strategies for managing those taxes, including the timing of withdrawals, potential Roth conversions, and other retirement income considerations. We look at how your decisions today may affect what you owe throughout retirement.
Social Security Strategies
The time that you begin collecting Social Security can affect your monthly benefits for the rest of your retirement. Your earnings history, marital status, and the age at which you claim benefits all play a role in determining what you may receive. We help you review your Social Security options and consider how different claiming strategies may work alongside your other retirement income and tax planning.
Wealth Management
Managing your finances in retirement requires ongoing attention to your investments, income, taxes, and estate plans. We help you review these areas together and consider how changes in one may affect another. As your needs or circumstances change, we’ll work with you to evaluate whether your financial strategies should be adjusted.
Investment Management
A portfolio designed for accumulating wealth may need to be adjusted when retirement approaches. We evaluate your current investments, risk tolerance, expected withdrawals, and income goals to determine whether your portfolio continues to meet your needs. That review also includes diversification, investment costs, and how your investments may respond to market fluctuations.
Tactical Portfolio Management
Our tactical portfolio management approach includes monitoring market conditions and reviewing your asset allocation over time. We evaluate your investments in relation to your risk tolerance and retirement objectives, making portfolio adjustments and rebalancing when appropriate.
Insurance Planning
Medical expenses, long-term care needs, or the loss of a family member’s income can create unexpected financial challenges. We examine your current insurance policies and help you consider whether additional life, disability, long-term care, or Medicare-related coverage may be appropriate for your circumstances.
Estate Planning
Your estate planning needs may change as your assets and family circumstances evolve. Reviewing beneficiary designations, retirement accounts, and other financial arrangements can help identify areas that deserve attention. We help you assess these considerations as part of your financial plan and work with qualified legal professionals when estate documents need to be created or updated.
Estate, Wills and Trust Planning
When were your will and trust documents last reviewed? Changes in your finances, family, or wishes may affect whether your existing arrangements still make sense. Empower works with estate planning attorneys and other professionals to help you evaluate your documents and consider how different estate planning arrangements may affect your assets and beneficiaries.
Generational Transfers
Passing assets to the next generation can involve important financial and tax decisions. Different types of accounts have different inheritance rules, and the way assets are distributed may affect your beneficiaries. We help you review beneficiary designations, retirement account considerations, and potential tax planning strategies in coordination with your estate planning professionals.
Philanthropic Planning
If you plan to support charitable causes during retirement or through your estate, we can help you consider how those gifts fit into your finances. Our team reviews potential charitable giving strategies, including relevant tax considerations, while accounting for your retirement income needs and plans for your family.
Why Georgetown Families Choose Empower
Since 2005, Empower Wealth & Tax has helped individuals and families prepare for retirement, with a particular focus on tax-efficient retirement income. We consider how your investments, Social Security benefits, and retirement account withdrawals may affect the income you receive and the taxes you owe.
We also believe you should understand the recommendations you’re receiving. Our advisors explain your options, answer your questions, and discuss the potential benefits and drawbacks of different strategies so you can make informed decisions about your retirement.
What to Expect at Your First Meeting
We’ll begin your complimentary consultation by discussing where you stand financially and what you’d like to accomplish in retirement.
You can expect us to ask about your savings, investments, anticipated retirement income, and any tax or financial concerns you may have. We’ll answer your questions, explain our approach, and discuss which areas of your financial plan may benefit from additional attention.
Serving the Georgetown Community
Our Georgetown office is located at 4873 Williams Dr, Suite 103, Georgetown, TX 78633.
We meet with individuals and families throughout Georgetown, including Sun City, Berry Creek, Wolf Ranch, and nearby communities. Our advisors work with clients who are preparing for retirement, reviewing investment strategies, or evaluating potential tax planning opportunities.
If you’d like to discuss your financial situation in person, our Georgetown team is available to meet with you.
Schedule Your Complimentary Consultation
Our Georgetown office is located at 4873 Williams Dr, Suite 103, Georgetown, TX 78633.
We meet with individuals and families throughout Georgetown, including Sun City, Berry Creek, Wolf Ranch, and nearby communities. Our advisors work with clients who are preparing for retirement, reviewing investment strategies, or evaluating potential tax planning opportunities.
If you’d like to discuss your financial situation in person, our Georgetown team is available to meet with you.