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Nearing Retirement? A Retirement Advisor May Be Right For You

By  Brian Thorp

Disclaimer: To make Wealthtender free for our readers, we earn money from advertisers, including financial professionals and firms that pay to be featured. This creates a natural conflict of interest when we favor their promotion over others. Wealthtender is not a client of these financial services providers. 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 retirement comes with a cost and knowing how you’ll afford to live 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:
– Cameron Capriotti –

Three Questions with Cameron Capriotti

Cameron Capriotti is a financial advisor based in The Woodlands, Texas, serving clients locally, in Tomball, and the surrounding areas. As a CPA and CFP® Professional, Cameron can engage his clients deeply and offer a personalized plan and high level of service that generates tangible results in his clients’ lives. 

Q: For people nearing retirement who are unsure whether or not they should hire a financial advisor at the current point in their lives, what guidance can you provide to help them make a more informed and educated decision?

Cameron: Having a plan in place to be as efficient with a retirement income plan as possible. Meaning if you retire mid to late in the year, having a plan to build or set aside an after-tax bucket of funds to live off of can help make sure you are not stacking additional taxable income from IRA/retirement distributions on top of an already high-income year.

Also, this could be a great opportunity to adjust 401k contributions to max out a 401k through that last year of pay to get into a lower tax bracket for that year which will help with not only how much taxes are owed but also what future Medicare premiums will be based off.

Secondly, getting a second opinion on your retirement plans and getting feedback on how healthy that plan is would be a prudent decision. Often times I see people want to blindly make the decision to avoid hearing something they might not want to. Our goal as a planner is to hear clients out regarding what is important to them and helping construct a plan to make that value come to fruition.

Q: How do the services you offer individuals and couples nearing retirement distinguish your firm, Legacy CFO, from other advisory firms?

Cameron: We offer a truly comprehensive planning/investment offering to our clients. When clients retire, Uncle Sam is entitled to 0-50+% of their portfolio typically. This means there are considerable planning opportunities to make sure Uncle Sam’s portion remains as low as legally allowable. What accounts certain investments are held in, where distributions come from, what pot of money is used for charitable giving, etc. can all be customized to create a plan that is tax efficient.

Q: For people approaching retirement age, how do you recommend they prepare to make the transition from living off their salary to relying upon other sources of income?

Cameron: Having a built-out plan that shows their sources of income pensions/S.S./Etc. and what additional funds the portfolio can provide and weighing this up to what their current standard of living is. It’s good to quantify this to make sure you fully understand where the money will come from and if that will be adequate to maintain the lifestyle you are hoping for. Also, knowing how to pay taxes on these new sources of income is important not only to avoiding tax surprises, underpayment penalties and to keeping Medicare premiums as low as possible.

🙋‍♀️ 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: To make Wealthtender free for our readers, we earn money from advertisers, including financial professionals and firms that pay to be featured. This creates a natural conflict of interest when we favor their promotion over others. Wealthtender is not a client of these financial services providers. Learn how we operate with integrity to earn your trust.