Barb was well into retirement but had the good fortune to be the beneficiary of a friends Estate, receiving both an inherited IRA and a cash distribution. Barb had been an excellent saver prior to retirement and had ample assets to meet her retirement goals. With the addition of the inherited IRA and additional cash to invest, we sat down with Barb to review her overall retirement plan.

As part of the review, we helped Barb reallocate her existing portfolio to meet her goals, risk tolerance, and income needs. We were also able to provide an income strategy to reduce taxes and allow for Roth conversions.

By implementing our income strategy, Barb was able to reduce taxes over her remaining retirement, move existing taxable IRA’s to Roth IRA’s, and provide a larger legacy for her estate beneficiaries.