Wright Retirement Planning Solutions of Texas
Specializing in Retirement & Tax-efficient Income Planning
Are you prepared for your “second life” in your retirement?
Creating sustainable wealth and establishing a sound retirement plan are the cornerstones of our practice. Ensuring a lasting legacy for your family and your future generations is our unwavering focus and commitment to you.
Our success is measured through the relationships and trust that is built with our clients and their loved ones. We see it as our duty to educate our clients as well as the public, with accurate and authoritative information regarding their financial future. In addition to the education, we provide a personally tailored retirement plan that you understand, so your golden years are not only secure, but the future of your loved ones is certain.
B. Cliff Wright, Founder and CEO of Wright Retirement Solutions of Texas, is a member of the National Association of Certified Financial Fiduciaries (NACFF), a member of the National Ethics Association, and National Association of Insurance & Financial Advisors (NAIFA). Cliff is a past member of the United States Small Business Administration (Region 6 –Texas and Arkansas). With 23 years of experience specializing in Wealth Management, Asset Preservation, Retirement Income and Planning, and Estate Planning. You can be assured your needs and goals will be thoroughly understood, further educating you on the best possible solutions.
Providing a better life for our clients is why we're in this buisness
23+
years experience
Estate Planning Specialist
Will or Revocable Living Trust
Roth Converstion Specialist
Is it right for you and your heirs?
Retirement Planning Advisor or Financial Advisor – Which do I need?
There is a difference between a Retirement Planning Advisor and a Financial Planner in the same way there is a difference between a Cardiologist and a Family Practice Doctor. They both start with the basic training, but one has gone on to become a specialist.
Financial Advisors are trained to help you accumulate and invest your money. Retirement Planning Advisors have additional training to help you figure out how to use your money to generate reliable paychecks in Retirement.
Just like your heart, you need your Retirement money to last the rest of your life; if there was ever a time to find a specialist, this would be the time.
Retirement Planning Advisors must have in-depth knowledge about Social Security, Pensions, Taxation Retirement Income Solutions, Annuities, Life Insurance, Reverse Mortgages, Estate Planning, Wealth Preservation, Health Care Options, Medicare, Medicaid and the pros and cons of different withdrawal approaches.
Specifically, A Retirement Planning Specialist will be able to offer customized advice on all of the following.
Social Security claiming strategies which tells you what age to begin your Social Security Benefits, what pitfalls to watch out for, and what type of spousal, ex-spousal, or survivor benefits apply to your situation. Pension distribution options that project the optimal age to begin your pension, whether you should take the lump sum or Annuity distribution and what type of survivor options to choose.
Retirement withdrawal strategies that go beyond following a simple rule of thumb like the 4% rule.
Tax reduction strategies that show you which approach will result in the lowest amount of taxes paid over your retirement years and help you evaluate whether a Roth IRA Conversion can benefit you.
- Investment approaches that can help protect your Income from becoming decimated in a market down-turn.
- Decisions that help protect you from running out of money in retirement.
- How Inflation is likely to impact you in retirement and what you can do about it.
- Long Term Care Insurance pros and cons.
- Annuities, and whether such a product would be beneficial to your needs and goals.
- Reverse Mortgages and if it makes sense to use them.
- How much to budget for Health Care in retirement and what to expect from Medicare. (Like covered expenses)
An experienced Retirement Planning Professional will help you figure out if you have enough to retire on, what changes you might need to make to meet long term needs and goals, how much to save, what types of accounts to use (such as funding Roth IRA’s or 401k’s or Traditional IRA’s or 403B’s), and what mistakes to avoid as you near Retirement. Talk to a Specialist. It just makes sense!
