Klauenberg Retirement Solutions

Klauenberg Retirement Solutions helps guide individuals towards financial freedom through comprehensive, personalized plans that turn their hard-earned savings into a lasting, steady source of income. Specialized in retirement income planning, the firm’s strategies are designed to help endure market shifts, inflation and life’s uncertainties.

Klauenberg has answers to some of the most pressing concerns individuals have regarding their retirement. Decisions on how much to withdraw from investments annually, when to claim Social Security, which pension option to choose, or what Medicare coverage to select can feel overwhelming. This burden is eased through personalized retirement income plans backed by investment management, tax optimization and estate planning guidance anchored in ongoing financial planning support.

“Our income plans are designed to protect our clients’ future, helping them turn their assets into monthly income that outlasts their retirement years,” says Scott Butler, CFP, retirement income planner.

Klauenberg acts as a safeguard against varied investment risks.

Inflation is the first among them. Balancing stable, conservative investments with high-yield growth plans, clients can maintain the purchasing power of their income for decades.

Another underestimated factor is the impact of lengthier lifespans. Retirement savings need to last longer, especially with the rising medical expenses incurred in old age. Klauenberg‘s income plans are designed to address the longevity risk and provide sustainable income.

An often overlooked risk is the possibility of a market downturn as retirement begins and withdrawals commence. When a market dip occurs, retirees are forced to sell their shares at a lower value to draw income. Unless withdrawals are managed wisely, such an event can negatively impact a moderately aggressive portfolio made up of mutual funds and stocks, as it reduces the value of the investments.

This is why, rather than relying on the individual’s risk tolerance, Klauenberg structures clients’ portfolios with a segmented, time-based approach that shields them from market bear runs. It sets aside safer funds for near-term income needs while keeping growth-oriented investments reserved for the long term.

Every plan is designed to evolve with changes in markets, taxes and the individual’s life goals, and is monitored and updated annually to accommodate the changes.

The planning follows an elaborate, three-step process. The Klauenberg team gathers a complete picture of the clients’ envisioned retirement and their accumulated assets in the initial meeting. They then determine whether the current assets are enough to sustain their retirement, or if they need to work for a few more years to grow their savings.

A second meeting helps analyze which of the client’s investments are currently on track, evaluate potential risks and identify opportunities for improving their portfolio. In the final meeting, the team presents tailored strategies that balance lifestyle goals with financial realities to help clients achieve their retirement vision.

Klauenberg’s comprehensive retirement planning also integrates tax planning to minimize taxes on withdrawals. Its annual projections help ensure clients stay within favorable tax brackets, avoid unexpected taxes during Roth conversions and while withdrawing required minimum distributions. It also reduces hidden tax impacts on Social Security and Medicare claims.

Preserving the client’s financial legacy is another focus area. It guides on passing on their assets efficiently while minimizing taxes through its estate planning services. Protection planning is also offered, helping clients evaluate long-term care, life insurance and other coverage options.

Whether buying a car or retirement home, taking a dream trip or downsizing their home, clients can rely on Klauenberg Retirement Solutions to provide clarity into the financial impact of each choice. Driven to protect financial independence in the golden years, it stands as a partner for those seeking to enjoy their retirement with dignity and peace of mind.

Klauenberg Retirement Solutions, LLC provides investment advisory services through CoreCap Advisors, LLC. Klauenberg Retirement Solutions, LLC and CoreCap Advisors, LLC (the “Firms”) are separate and unaffiliated entities. Engagement of the Firms for investment advisory services does not guarantee any particular outcome or level of results.