For Immediate Release… Chris Wilbratte, Founder and Partner at Echelon Financial is announcing the launch of their new website, EchelonFinancial.com, and the “Keep Austin Wealthy” blog. The focus of Echelon Financial is to educate and help pre-retirees and retirees protect and grow their wealth.
Many people think that retirement is just a matter of signing up for Social Security and Medicare. And these are two important steps that everyone should take. However, there are multiple claiming strategies for Social Security with 81 age combinations and more than 567 different sets of calculations to consider determining how and when to apply for benefits. One strategy will generate the highest lifetime benefits and another will generate the least.
And then, taxes in retirement must be taken into account because they are different for retirees collecting Social Security and Medicare. Additional taxes will be triggered once a retiree hits certain income thresholds causing 85% of Social Security to become taxable and Medicare surcharges that can reach over $400 per month.
EchelonFinancial.com is focused on educating pre-retirees and retirees to help them make informed financial decisions. It is important to raise awareness of the unique financial challenges that retirees will face. Their “Keep Austin Wealthy” blog addresses the issues that many retirees will need to plan for to have peace of mind. These resource articles are detailed, well organized, and use graphics to educate readers about these issues. And, when an article references another related topic, they provide a link to easily navigate from one topic to another.
Chris Wilbratte stated that, “Retirement has become increasingly complex over the past 20 to 30 years. It’s not plug and play anymore. Employers have shifted the responsibility and risk of saving for retirement to the employee by eliminating pensions and providing 401(K) plans.” Chris continued, “Retirees need to plan for taxes, inflation, market volatility and generate sustainable income. And then they need to plan for longevity, which can amplify the other risks because you don’t know how long you will live. So many people make unforced errors because many of the decisions they make today are irreversible and can have lifelong implications. If they had worked with a professional, in many cases, they could have made informed decisions.”
Financial Services for Real People
Founded for the benefit of clients, Echelon Financial is an independent Austin-based firm with a deep commitment to providing guidance that is free of conflicts of interest, based solely on the sum of our experience and expertise. We are committed to putting client interests first and to stewarding both wealth and well-being for those we serve. We have a singular measure of success: the results we get for our clients.
To learn how to optimize your 401k or IRA, we’re offering a FREE Retirement Assessment to review your taxes, investments, and current financial strategies.
Informational Brochure: Echelon Financial is a member firm of The Fiduciary Alliance, LLC which is an Investment Adviser registered with the Securities and Exchange Commission. The Fiduciary Alliance’s business operations, services, and fees is available at the SEC’s investment adviser public information website www.adviserinfo.sec.gov or from The Fiduciary Alliance upon request.
This material is for information purposes only and is not intended as an offer or solicitation with respect to the purchase or sale of any security. The content is developed from sources believed to be providing accurate information; no warranty, expressed or implied, is made regarding accuracy, adequacy, completeness, legality, reliability or usefulness of any information. Consult your financial professional before making any investment decision. For illustrative use only.
This information is not intended to be a substitute for specific individualized tax advice. We suggest that you discuss your specific tax issues with a qualified tax professional.
Echelon Financial is a member firm of The Fiduciary Alliance, LLC which is an Investment Adviser registered with the Securities and Exchange Commission. The Fiduciary Alliance’s business operations, services, and fees is available at the SEC’s investment adviser public information website www.adviserinfo.sec.gov or from The Fiduciary Alliance upon request.