Retirement Planning in Sonoma County, CA
Retirement looks different for everyone. For individuals and families considering retirement planning in Sonoma County, that might mean more time to travel or spend with family, stepping away from a business, pursuing something new or simply having more freedom to decide how each day looks.
Whatever retirement means to you, getting there takes planning.
At Sonoma Wealth Advisors, we help individuals and families throughout Sonoma County make sense of the financial decisions that come with preparing for retirement. Together, we'll look at where you are today, where you'd like to go and what it may take to get there.
What Is Retirement Planning?
Retirement planning brings your savings, investments, retirement income, Social Security, taxes and long-term goals into one coordinated financial strategy. Sonoma Wealth Advisors provides retirement planning for individuals, families and business owners throughout Sonoma County.
Retirement Planning That's Personal to You
There's no universal formula for a successful retirement. Your income, expenses, investments, family, priorities and plans for the future are uniquely yours. Your retirement strategy should be, too.
Our advisors take the time to understand the bigger picture before making recommendations. From there, we can help you build a retirement plan that brings the different pieces of your financial life together.
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Your plan may include:
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And because life has a way of changing even the best-laid plans, we'll continue to revisit your strategy and make adjustments when needed.
Making the Shift From Saving to Spending
For much of your working life, retirement planning is about saving. Then, at some point, the question changes.
How do you turn what you've saved into income you can actually live on?
That can bring up a lot of other questions. When should you start taking Social Security? Which accounts should you draw from first? How much can you comfortably spend? What happens to your taxes when your income sources change?
These decisions are connected, and we believe they should be planned that way.
As your retirement financial advisor, we'll help you look at your income, investments, taxes, expenses and goals together. The result is a retirement income strategy designed to support the life you want to live without losing sight of the years still ahead.
Retirement Financial Advisors Serving Sonoma County
Sonoma Wealth Advisors is a financial planning and wealth management firm with offices in Sonoma and Santa Rosa, serving individuals, families and business owners throughout Sonoma County and the North Bay Area.
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A retirement plan shouldn't be something you create once, put in a folder and never look at again.
Markets change. Tax laws change. Your priorities may change, too.
Our advisors provide ongoing financial planning and investment guidance so your retirement strategy can evolve along with your life. We'll help you understand what's happening, talk through your options and make informed decisions when something changes. |
Find a Financial Advisor Near You
Retirement Planning for Business Owners
For business owners, retirement can be a little more complicated. Stepping away from work may also mean deciding what happens to a company you've spent years building.
Your personal retirement plan may need to account for a future sale, succession plan, business assets or your company's retirement plan. We can help you look at those decisions alongside your personal finances so you're planning for one future, not managing two disconnected strategies.
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Sonoma Wealth Advisors also works with employers on retirement plans, including:
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Learn About Corporate Retirement Plans
When Should You Start Planning for Retirement?
Earlier is helpful, but "right now" is a perfectly good answer.
If retirement is still years away, planning gives you time to see whether you're on track and make adjustments while you have more options. As retirement gets closer, the focus often shifts toward income, taxes, Social Security, investments and the transition away from a regular paycheck.
And if you're already retired? Planning still matters.
You might consider talking with a retirement advisor if you're:
- Wondering when you can comfortably retire
- Within a few years of retirement
- Deciding when to claim Social Security or pension benefits
- Preparing to start drawing income from your savings
- Concerned about taxes in retirement
- Considering a rollover or Roth conversion
- Planning to sell or transition out of a business
- Already retired and wondering whether your current plan is still working
You don't need to have everything figured out before you meet with us. That's what the planning process is for.