Financial Planning

Nearing Retirement? A Retirement Advisor May Be Right For You

By  Brian Thorp

Disclaimer: In order to make Wealthtender free for our readers, we earn money from advertisers including financial professionals who pay to be featured on our platform. This creates a natural conflict of interest when we favor promotion of our clients over other professionals not featured on Wealthtender. Learn how we operate with integrity to earn your trust.

It’s an exciting time when you’re approaching retirement and preparing for the next phase of your life. You’ve likely spent decades working towards this milestone and have a vision for how you’ll spend your days, perhaps enjoying more time with grandchildren, traveling or volunteering in your community.

But living in retirement comes with a cost and knowing how you’ll afford living comfortably while preserving your savings to last a lifetime is no easy task.

If you’re thinking about hiring a financial advisor who can help you make the most of your golden years, you may be best served choosing an advisor who specializes in helping people nearing retirement like you. With their experience, credentials and knowledge of retirement planning strategies and pitfalls to avoid, you may find your life in retirement includes one less worry so you can enjoy your days more.

Let’s learn more about financial advisors who specialize in helping near-retirees to help you decide if a retirement advisor may be right for you.


🌞 Get to Know Retirement Advisors Who Specialize in Helping Near-Retirees

This page is organized into sections to help you quickly find the information you need and get answers to your questions:

  1. Q&A with Financial Advisors Who Specialize in Helping Near-Retirees
  2. Get Answers to Your Questions About Hiring a Retirement Advisor
  3. Browse Related Articles

Retirement Advisor Showcase:
– Jeremy Keil –

Three Questions with Jeremy Keil

We asked Wisconsin-based financial advisor Jeremy Keil who specializes in helping near-retirees to answer three common questions asked by people planning to retire soon.

Q: I’m approaching retirement and haven’t needed a financial advisor to make it this far. Why should I think about hiring a financial advisor now?

Jeremy: Retirement is something you’ve never faced before with a lot of one-time decisions you can never reverse. Working with a retirement-focused advisor can help you avoid mistakes during this huge transition.

Q: How can I feel confident I’m choosing a financial advisor who understands I simply want to enjoy a comfortable retirement, not outperform the stock market?

Jeremy: When you’re looking for good retirement-focused financial advisors you want to start with the basics. Make sure they have their Certified Financial Planner (CFP®) designation and either the Retirement Management Advisor (RMA®) or Retirement Income Certified Professional (RICP®) designations.  You should also ask them for references to other clients facing retirement, and look at their website: does it address the issues you are facing?

Q: I have a few more years before I plan to retire. Should I wait until closer to my retirement date before hiring a financial advisor?

Jeremy: You should plan for retirement well before your retirement date. Many people retire before they expected and you will fare much better if you have a plan ahead of time. There may be many decisions that affect your retirement that come up along the way such as making sure you’re maximizing your vacation pay rules (sometimes you can move this money tax-free into a Health Reimbursement Arrangement), or your pension (learning your formula and maximizing it helps).  You don’t want to miss out on benefits because you waited until just before retirement to do the research.

Get to Know Jeremy Keil:

View Jeremy’s profile on Wealthtender or visit his website to learn more.

Are you a financial advisor who specializes in helping near-retirees?

✅ Get added as a specialist in this area in our next monthly update (Subject to availability and qualification criteria.)
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✅ Or request more information by email:

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Retirement Advisor Showcase:
– Alex Lynch –

Three Questions with Alex Lynch

Seattle-area financial advisor Alex Lynch says his most important duty to his clients is ensuring they never run out of money. We asked Alex to answer 3 questions helpful to people approaching retirement who want to enjoy their golden years and make their money last a lifetime.

Q: Will my taxes be lower when I’m in retirement?

Alex: Oftentimes clients are surprised when we project out their retirement income that their tax bracket does not fall significantly in retirement and often increases. Between losing some of the tax deductions clients were able to enjoy while working and incurring taxes to generate the income in retirement clients need, their tax rate does not always fall (i.e. withdrawing money from 401k/403b is a taxable transaction).

At Jarvis Financial, our approach with clients is to project out their tax liabilities over both the next several years and their lifetime. With our goal being to minimize their lifetime tax bill, not just the bill from any one year. Clients are often surprised when we suggest paying more tax before retirement (i.e. Roth conversions) and then delighted by how the numbers look over the long term. During this time, we are thoughtful about how tax rates could change in the future, how unexpected large withdrawal needs could impact their taxes, and a client’s goals for charitable/estate planning.

Q: How should I invest when I’m nearing retirement?

Alex: When those close to retirement ask us this question first, we have to determine that retirement is feasible. Then of highest importance is for clients to begin building a proverbial “war-chest.” This generally means having 5-10 years of retirement expenses set aside in a low-risk account. While we are in our careers and actively saving and accumulating wealth, dips in the stock market are our friends and buying opportunities. The converse is true when we are required to draw income from our portfolios, and we are effectively in the de-accumulation game. At Jarvis Financial, we have found that regularly discussing our “war-chest” and using it as a bridge during less favorable times in the markets has worked extremely well for clients.

Q: What is biggest financial surprise to new retirees?

Alex: I see recent retirees most surprised by the cost of private health insurance before Medicare and the various out of pockets costs associated with Medicare. For individuals retiring before Medicare eligibility, we encourage you to talk with your current employer about any healthcare options after retirement and go on the various health exchanges to have a planned budget for healthcare expenses. Upon Medicare eligibility, it’s very important to understand that not all the parts of Medicare are free. Part B alone could cost $500 a month for each individual. And having a plan for the various Medicare/supplemental options before retirement is a must.

Get to Know Alex Lynch:

View Alex’s profile on Wealthtender or visit his company’s website to learn more.

Are you a financial advisor who specializes in helping near-retirees?

✅ Get added as a specialist in this area in our next monthly update (Subject to availability and qualification criteria.)
Sign up today and join financial advisors attracting their ideal clients on Wealthtender
✅ Or request more information by email:

  • This field is for validation purposes and should be left unchanged.

🙋‍♀️ Have Questions About Financial Planning For Your Upcoming Retirement?




About the Author
Brian Thorp, Founder and CEO of Wealthtender profile picture

Brian Thorp

Founder and CEO, Wealthtender

Brian and his wife live in Texas, enjoying the diversity of Houston and the vibrancy of Austin.

With over 25 years in the financial services industry, Brian is applying his experience and passion at Wealthtender to help more people enjoy life with less money stress.

Connect with Brian on LinkedIn

Disclaimer: In order to make Wealthtender free for our readers, we earn money from advertisers including financial professionals who pay to be featured on our platform. This creates a natural conflict of interest when we favor promotion of our clients over other professionals not featured on Wealthtender. Learn how we operate with integrity to earn your trust.

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