Why Wealth Management Should Include Tax Planning

Investing is only one piece of a much larger picture. Good planning also includes understanding how taxes may affect each stage of your financial life.

Year after year, many individuals and families find themselves wondering:

“Am I missing opportunities?”“Should I be doing something different with my accounts?”“Is there a better way to plan for retirement income?”

We aim to answer those questions and provide clear guidance, highlighting why tax planning is such an important part of long term financial planning.

Why Tax Planning Matters

Taxes influence nearly every major financial decision you make. Some examples include:

• Retirement withdrawals and how they may move you into higher tax brackets

• Required Minimum Distributions and the income they create

• Roth conversions and the timing considerations involved

• Choosing between taxable, tax deferred, or tax free accounts

• Estate planning and how assets may transfer to the next generation

Being intentional with these areas can help keep dollars in your name rather than sending them to Uncle Sam.

Who We Serve Best

We work with a wide range of people, but our approach is especially helpful for those who want:

• Guidance on how taxes may influence retirement decisions

• Help reviewing RMD timing or evaluating Roth conversion opportunities

• Support in coordinating investments with Social Security and pension income

• Direction on managing IRAs, workplace plans, Roth accounts, brokerage accounts, and annuities

• A clear plan that shows how decisions today may impact future outcomes

• Ongoing conversations instead of one-time transactions

Our goal is to provide straightforward planning that helps you make informed decisions with the information available.

A Complete Approach to Wealth Management

Wealth management is not limited to picking investments or watching performance. It includes:

• Cash flow planning

• Retirement income planning

• Tax-efficient withdrawal strategies

• Evaluating employer retirement plan options

• Coordinating beneficiary and legacy details

• Working with estate attorneys and CPAs when needed

Because each area affects the others, a complete approach often leads to better long-term planning.

Tax Planning for Every Stage of Life

Tax planning looks different depending on where you are in life:

• Early career and mid career: contribution planning and evaluating Roth versus pre tax savings

• Pre retirees: Social Security timing, pension decisions, and planning how retirement income will be structured

• Retirees: RMD planning, charitable giving strategies, and aligning investments with long term goals

Every client situation is unique, which is why personalized planning matters.

An Invitation to Start a Conversation

If you want to be more intentional about your financial future and would like guidance on how taxes may fit into your overall plan, we would be glad to talk with you.

We offer appointments in our Louisville and Canton offices, and we also meet virtually.