Financial Advisor for Pre-Retirees and Retirees in Rochester, NY
Turning decades of savings into a retirement income plan.
We help pre-retirees and retirees, here in the Rochester area and in more than twenty other states, decide when to draw income and file for Social Security, and how to plan ahead for taxes and long-term care.
What Should Your Retirement Plan Cover?
One worry comes up again and again: nursing home costs eroding a lifetime of savings and leaving less for a spouse, children, and grandchildren. A retirement plan has to face that question honestly, alongside the practical ones. What should happen to the 401(k) you spent decades building? When does filing for Social Security make sense for your household? How do withdrawals, taxes, and Medicare premiums interact once the paycheck stops? Medicare belongs in the same conversation, since premiums can rise with the income on your tax return, and so does the estate side: beneficiary designations, whose name each asset is held in, and what you intend to leave behind. We build a personalized retirement income plan that works through each decision in order and explains the reasoning, then we revisit it together as markets, tax rules, and your life change.
Why Retirees Work With The Pitti Group
Sal Pitti has been advising clients since 1994, and many of our clients are planning for retirement or already living it. Matt reminds clients that investing rewards patience, which matters even more in the years when your savings become your paycheck. As a fee-only fiduciary firm, no recommendation we make is driven by a product sale, and we won’t recommend anything we can’t explain. One client described working with Sal and Matt as “a calming voice.” If you arrived here because the guidance from a previous advisor never came, we stay in touch so your questions don’t sit unanswered.
Retirement Planning Questions
There’s no single right age, but the more years a plan has to work with, the more options you keep open. Many people get serious as retirement comes into view, and it’s never too late to organize what you have.
You generally have several options, including leaving the money in the plan, rolling it into an IRA, or beginning withdrawals, and each carries different tax and flexibility trade-offs. We walk through the options in the context of your whole plan before you move anything.
It depends on your health, your household, and what other income you can draw on, because filing age changes your benefit amount. We model the timing options inside your financial plan so you can compare them side by side.
Start by understanding what care costs in your area and how it would be paid for today, then look at the options, which can include long-term care insurance and setting aside earmarked assets. We review insurance needs as part of the plan and explain what each choice covers.
Yes. We manage investments both before and during retirement, adjusting the approach as you shift from saving to drawing income.
Bring Us the Question on Your Mind
Whether retirement is five years out or five years behind you, a complimentary conversation can tell you where you stand. No pressure, and no obligation at any point.
Request a Complimentary Call →Prefer to talk now? Call (585) 337-4000