Pre-retirement planning at SKG focuses on maximizing catch-up contributions, modeling retirement income, optimizing Social Security, planning Medicare transitions, building tax-efficient withdrawal sequences, and stress-testing your plan. We serve pre-retirees in DuBois, PA and across Central Pennsylvania.
The decisions you make between 55 and 65 determine your quality of life for the next 30+ years. At SKG, we help pre-retirees build a detailed, stress-tested plan that answers: "Will my money last?"
Focus Areas
We project income from all sources — Social Security, pensions, 401(k)/IRA withdrawals, annuities — and stress-test against inflation, market downturns, and unexpected expenses.
The difference between best and worst claiming strategy can exceed $100,000 in lifetime benefits. We model every scenario — early at 62, full retirement age, delayed to 70, and spousal strategies.
Navigating enrollment windows, comparing Original Medicare vs. Advantage plans, selecting Part D coverage, and understanding IRMAA surcharges.
Which accounts to draw from first can save tens of thousands in taxes. We build multi-year withdrawal strategies that minimize lifetime tax burden.
Ages 50-63 qualify for catch-up contributions. SECURE 2.0 enhanced catch-ups for ages 60-63. We maximize every tax-advantaged dollar in your final working years.
Years between retirement and RMDs are often a unique low-tax window for conversions. We model multi-year strategies to optimize your long-term tax picture.
Frequently Asked Questions
When should I start pre-retirement planning?
Ideally 10-15 years before your target retirement date. This gives you time to maximize catch-up contributions, optimize Social Security strategy, and address savings gaps. Even 5 years out, a focused plan makes a meaningful difference.
How much do I need to retire in Central Pennsylvania?
It varies based on lifestyle, healthcare needs, and income sources. A general starting point is 25x annual expenses, but Central PA's lower cost of living works in your favor. We model your specific situation to determine your personal number.
Should I take Social Security at 62, 67, or 70?
Each year you delay past 62 increases your benefit 6-8% annually. Delaying to 70 can mean 77% more than claiming at 62. The optimal strategy depends on health, life expectancy, spousal benefits, and tax situation.
Is Your Retirement on Track?
Schedule a free pre-retirement review.
