Retirement Planning - 1st Source Clone

Planning for the transition

As retirement gets closer, the questions often change. You may be thinking about when to retire, how much income you need, and how to coordinate accounts. We help you build a clear plan and revisit it over time.

What to Expect

Support to keep decisions organized

Common retirement planning topics

Retirement readiness

Clarify goals and timing, then identify next steps for saving and investing.

Income planning

Discuss how retirement income may be supported across accounts and strategies.

Account coordination

Coordinate IRA and 401(k) decisions and rollover considerations.

Our retirement planning process

We start with the full picture: your goals, income needs, savings, retirement accounts, and timeline. Then we help you understand the choices ahead and build a plan that brings those decisions together.

As we build your retirement plan, we help you think through:

  • Retirement income: Plan how your savings and other income sources may support your needs in retirement.
  • Social Security and pensions: Review timing, payment choices, and how these benefits fit with your other income.
  • 401(k) and IRA options: Compare keeping assets in a plan, moving them to another retirement account, or taking a partial or full cash distribution. We help you consider taxes, fees, access to your money, and the long-term impact of each choice.
  • Investment strategy: Adjust your investment approach as your goals, time horizon, income needs, and comfort with risk change.
  • Retirement distributions: Plan when and how to draw from your accounts, including required distributions when they apply.
  • Your broader financial plan: Coordinate retirement decisions with tax planning, estate planning, insurance, beneficiaries, and other priorities.
Client and advisor reviewing retirement checklist items

Planning for the transition and the years that follow.

Support before and after retirement

Approaching retirement

If retirement is on the horizon, we help you prepare with a clear plan for savings, investing, and key decisions involving rollover services.

In retirement

If you are retired, we help keep decisions aligned to income needs, time horizon, and risk comfort with ongoing portfolio management.

FAQ