Comprehensive Retirement Planning Services in Middle Tennessee.
Beacon Capital Management provides comprehensive retirement planning for individuals and families preparing for or living in retirement throughout Franklin and Middle Tennessee.
Our financial advisors coordinate retirement income, Social Security, investment management, tax-aware planning, healthcare and Medicare decisions, and estate and legacy planning so every part of your financial strategy is considered together.
Beacon Capital Management’s retirement planning services cover all important areas of financial and retirement planning.
Our full-service financial planning process involves setting financial goals, evaluating resources and opportunities, and creating a strategic roadmap to achieve your desired financial future.
Whether you already have a financial advisor, manage your own financial plan, or need an advisor, Beacon offers a Free Financial Plan Checkup that is yours to keep. No cost, no pressure, and no obligation. It’s your free second opinion.
Schedule a complimentary introductory call with one of our financial advisors.
Social Security and retirement income planning brings together Social Security benefits, pensions, retirement accounts, investment withdrawals, cash reserves, and anticipated expenses. All with the goal of easing your mind about where your retirement income will come from and how to make it last throughout retirement.
Beacon helps clients evaluate their available income sources, consider when and how to claim benefits, and coordinate those decisions with taxes, Medicare costs, and long-term retirement goals.
-
- Predictable income for longevity
- Social Security claiming options for individuals, spouses, and survivors
- Pension elections and other retirement income sources
- Required minimum distributions (RMDs) and retirement-account withdrawals
- Portfolio withdrawal sequencing and cash-reserve planning
- Coordination of income decisions with taxes, Medicare and legacy goals
Your wealth management and investment strategy should be aligned with your financial goals, retirement income needs, time horizon, risk tolerance, tax, estate, and legacy wishes, with regular monitoring and oversight from your financial advisor.
Beacon helps clients organize their accounts, evaluate investment allocation, and coordinate portfolio decisions with the broader retirement plan. Your strategy can then be reviewed as markets, goals, and personal circumstances change.
-
- Active money management
- Diversified investment allocation
- Ongoing investment reviews
- Risk mitigation strategies
- Coordination of IRAs, Roth IRAs, taxable accounts, and workplace plans
- Portfolio withdrawals and rebalancing
- Fiduciary standard
Tax-aware retirement planning examines how decisions involving retirement-account withdrawals, Roth conversions, required minimum distributions, Social Security, and investment income may affect taxes throughout retirement.
Beacon helps clients develop a forward-looking, tax-efficient strategy. We offer a free Retirement Tax-Reduction Analysis. Tax laws and regulations may change, so we recommend consulting a financial advisor or tax professional for personalized advice before making decisions.
-
- Tax minimization strategies
- Roth conversion analysis & opportunities
- Capital gains and charitable giving/ donor advised funds
- Inherited IRA/ROTH IRA
- Required minimum distributions and tax withholding
- Tax treatment of different account types
- How income may affect Social Security taxation and Medicare premiums
While we focus on your tax strategy, we realize preparing tax returns can be a hassle. Our preferred partner, Brown & Maguire CPAs, PLLC, will attempt to eliminate the frustrations and pain of these tasks with a straightforward, common-sense approach.
Healthcare planning helps individuals and families prepare for coverage and healthcare-related expenses before and throughout retirement.
Beacon helps clients evaluate Medicare enrollment, pre-65 coverage, prescription needs, and long-term care considerations while coordinating those decisions with retirement income and tax planning.
-
- Medicare enrollment timing, Medicare supplement products, and available plan options
- Prescription-drug coverage and provider-network considerations
- Income-related Medicare premium considerations
- Long-term care funding and caregiving needs
- Life insurance options
- Long-term care insurance
- Health insurance options
Estate and legacy planning coordination helps align beneficiary designations, account ownership, charitable goals, and family priorities with the broader retirement plan.
Beacon helps clients identify areas to discuss with an estate attorney and can coordinate with their legal and tax professionals. Legal documents should be prepared by a qualified attorney.
Don’t leave what happens to your wealth to chance. Sit down with a Beacon financial advisor and Beacon’s preferred partner, Knight Legal, to put together an estate plan that’s right for you.
-
- Estate Plan
- Wills, trusts, powers of attorney and healthcare directives
- Life Insurance
- Charitable and family legacy goals
- Estate liquidity and tax considerations
- Coordination with attorneys and tax professionals
- Potential Probate Avoidance
- Beneficiary-designation and account-ownership reviews
At Beacon, we believe in a comprehensive and personalized approach to each individual and family.
After all, life is personal, and your financial future should be customized for you.
Securing the priorities in your life is more than just reaching a financial number. You have goals for every stage of your life, and reaching these goals requires a plan that is built on your priorities.
Effective financial strategies usually involve the coordinated efforts of qualified legal, tax, and financial professionals. The professionals at Beacon Capital Management, Brown & Maguire CPAs, PLLC, and Knight Legal are committed to helping you create a plan to protect your legacy.
Understanding You
Sit down with an advisor to discover your financial goals, priorities, and mindset.
Creating your plan
Your advisor will build a comprehensive plan based off of your specific needs, supported by the entire Beacon professional team.
Helping to keep you on track
Our advisor is with you every step of the way, advising and adjusting the plan as needed.
Have a question? Talk to someone.