Retirement Planning
Secure your financial future with confidence
From 401(k) optimization to Social Security strategies, we help you build wealth and create reliable retirement income for life through comprehensive, personalized planning.
35%
Avg Income Increase
$1.2B
Plans Under Management
$28K
Average Tax Savings
98.5%
Successful Retirements
Our Services
Comprehensive retirement services
Strategic planning across all retirement vehicles and income sources to maximize your financial security.
401(k) Optimization
Save $150K+
30+ years
Maximize employer benefits and optimize investment selections within your company retirement plan.
- Employer match optimization
- Investment selection
- Contribution strategies
- Rollover guidance
IRA Management
Save $200K+
20+ years
Traditional and Roth IRA strategies for tax-efficient retirement savings and wealth transfer.
- Traditional vs Roth analysis
- Conversion strategies
- Investment management
- Withdrawal planning
Pension Planning
Save $75K+
Retirement
Optimize pension benefits and coordinate with other retirement income sources.
- Benefit optimization
- Lump sum vs annuity
- Survivor benefits
- Tax planning
Social Security Strategy
Save $100K+
Lifetime
Maximize Social Security benefits through strategic claiming and tax planning.
- Claiming strategies
- Tax optimization
- Spousal benefits
- Medicare coordination
Life Stages
Retirement planning by life stage
Customized strategies that evolve with your career and life circumstances.
Schedule consultationFoundation Building
Early Career (20s-30s)
Maximize employer 401(k) match · Establish emergency fund · Begin Roth IRA contributions · Term life insurance
Savings target: 10-15% of income
Acceleration Phase
Mid Career (40s-50s)
Maximize retirement contributions · Catch-up contributions · Tax-loss harvesting · Education funding balance
Savings target: 15-20% of income
Transition Planning
Pre-Retirement (55-65)
Withdrawal strategy development · Healthcare planning · Social Security optimization · Legacy planning
Savings target: 20-25% of income
Income Management
Retirement (65+)
Tax-efficient withdrawals · Required distribution planning · Healthcare cost management · Estate optimization
Savings target: 4% withdrawal rule
Contribution Limits
2024 retirement account limits
Maximize your tax-advantaged retirement savings with updated contribution limits and strategies.
| Account Type | 2024 Limit | Age 50+ Catch-Up | Tax Treatment | Key Benefits |
|---|---|---|---|---|
| Traditional 401(k) | $23,000 | +$7,500 | Tax-deferred | Employer match · High limits · Loan options · Immediate deduction |
| Roth 401(k) | $23,000 | +$7,500 | Tax-free growth | Tax-free retirement · No RMDs · Flexible withdrawals · Estate benefits |
| Traditional IRA | $7,000 | +$1,000 | Tax-deferred | Tax deduction · Broad investment options · Rollover eligible · Required distributions |
| Roth IRA | $7,000 | +$1,000 | Tax-free growth | Tax-free retirement · No RMDs · Contribution access · Estate planning |
Lifetime Benefits
Social Security optimization
Social Security claiming decisions can impact your lifetime benefits by over $100,000. Our analysis helps you determine the optimal claiming strategy based on your unique circumstances.
Claiming Timing Analysis
Compare benefits at 62, full retirement age, and age 70 scenarios
Spousal Benefit Strategies
Optimize claiming for married couples and survivor benefits
Tax Optimization
Coordinate with retirement withdrawals to minimize lifetime taxes
Social Security claiming impact
*Based on average Social Security benefits and life expectancy. Individual results vary.
Client Perspectives
Client success stories
“Novante's retirement planning increased my projected retirement income by 40%. The 401k optimization and Social Security strategy will save me over $300K in lifetime benefits.”
James Sullivan
Corporate Manager · Age 58
“The pension analysis and IRA rollover strategy was exactly what I needed. Now I have a clear path to retire comfortably at 62 instead of working until 67.”
Linda Rodriguez
Teacher · Age 52
“Started retirement planning 'late' but Novante's catch-up strategies and tax optimization have put me back on track for a secure retirement.”
Mark Chen
Engineer · Age 45
Questions
Frequently asked questions
Common questions about retirement planning and our comprehensive approach to financial security.
When should I start retirement planning?
The earlier the better due to compound growth, but it's never too late. Even starting in your 50s with catch-up contributions can significantly impact your retirement security. We create personalized strategies regardless of your starting age.
How much should I save for retirement?
Generally 10-15% early career, increasing to 20-25% pre-retirement. However, the exact amount depends on your goals, current savings, Social Security benefits, and desired retirement lifestyle. We help determine your specific savings target.
Should I prioritize traditional or Roth retirement accounts?
This depends on your current vs expected future tax rates, income level, and retirement goals. Often a combination strategy works best. We analyze your situation to optimize your traditional vs Roth allocation.
When should I claim Social Security benefits?
Claiming strategies range from age 62 to 70, with significant benefit differences. The optimal timing depends on your health, other income sources, spousal benefits, and tax situation. We model different scenarios to maximize lifetime benefits.
How do you help with 401(k) investment selection?
We analyze your plan's investment options, fees, and performance to build an optimal portfolio allocation. We also provide ongoing monitoring and adjustment recommendations as your situation changes.
What about healthcare costs in retirement?
Healthcare is often retirees' largest expense. We help plan for Medicare, supplement insurance, long-term care, and health savings account (HSA) strategies to manage these costs effectively.
Private Advisory
Secure your retirement today
Schedule a comprehensive retirement planning consultation to analyze your current situation and create a personalized strategy for financial security in retirement.