Retirement Planning Near Me:
Retirement Solutions – PillarWM

The Complete Guide to What We Do

Retirement Planning Near Me

Planning for your eventual retirement can be a challenging task for anyone. This includes individuals with a high net worth or ultra-high net worth. If you own between $5 million and $500 million in liquid investment assets, one of the primary questions on your mind may be, “How do I find retirement planning near me?” At Pillar Wealth Management, we offer retirement solutions specific to high wealth individuals. Investors with $10 million or more can learn about financial planning and retirement strategies with the help of our special guide.

The Importance of Retirement Planning

Most individuals with high net worth or ultra-high net worth dream about retiring at some point in their lives. Whether you plan to do this in your 40s or your 60s, it is essential to have a robust retirement plan in place before stepping down from your career. Some reasons why retirement planning is essential include:

Safeguarding Your Wealth

Individuals with high-powered careers spend many years pursuing wealth building activities. However, these activities may cease or take a backseat following your retirement.

If you do not have any passive income sources in place, you will be relying on your savings to keep your lifestyle propped up in retirement. This may not seem concerning initially. After all, you may have accrued a significant quantity of wealth by the time you retire.

Unfortunately, living off your savings does come at a steep price. You will have to witness your savings shrink over time and may be forced to cut back on expenses used to maintain your current lifestyle. At a certain point, you will need to downgrade your lifestyle to avoid selling off your assets.

You can prevent this scenario with the help of proper retirement planning. By creating a robust retirement plan, you can set up passive income sources to sustain your lifestyle without dipping into your savings. We discuss strategies for protecting your wealth into the future in our book The Art of Protecting Ultra-High Net Worth Portfolios and Estates – Strategies For Families Worth $25 Million To $500 Million.

Dealing With Unforeseen Challenges

One of the most worrying aspects of retirement is dealing with unforeseen challenges. When you have an active income source, it’s possible to overcome any hurdle by using the right strategies and maintaining a focused mindset. However, once you are retired, you may no longer be as involved with wealth and asset management as you once were.

You may lose access to some of your resources and people in your network following your retirement. To get around this issue, it is vital to have strategies in place to help you navigate through future challenges. Get in touch with our wealth managers to learn more about wealth protection in retirement.

Combating Inflation

Inflation can be a never-ending problem for people around the country. Nobody likes watching their spending power decrease over time. However, this is an inevitable occurrence for retired individuals who are living off their savings.

How can you expect to maintain the same lifestyle you have enjoyed for decades when your spending power decreases with each passing year? For individuals with a high net worth or ultra-high net worth, the price of luxuries keeps getting higher. After a certain point, you may struggle to pay the membership fee to your favorite country club or maintain the condition of your home.

The best way to combat future inflation is to account for it beforehand. At Pillar Wealth Management, our wealth managers can help you create a retirement plan that includes growing sources of passive income. This will help offset your rising lifestyle costs from inflation. We discuss some portfolio growth strategies in our special guide.

Managing Your Taxes

Individuals that have a high net worth or ultra-high net worth pay among the highest taxes in the country. Following your retirement, you may still be required to pay taxes on your investments. However, without an active income source, you may feel a greater pinch from taxes than you normally would.

At Pillar Wealth Management, we can design a retirement plan that takes these taxes into account. In addition to helping you set up passive income sources, we can assist with tax-minimizing investment strategies.

Ownership Transfer

A commonly overlooked aspect of retirement planning is estate planning. At Pillar Wealth Management, we offer estate planning advice in addition to our retirement planning services. However, we believe estate planning is a crucial component in any retirement plan.

As an investor with a high net worth or ultra-high net worth, you may be interested in passing ownership of your business or assets to your children or other beneficiaries. However, without the right transfer plan in place, your business or assets may become subject to transfer taxes.

In addition to this, they may end up in the control of someone who isn’t suited to run them as you intended. After signing over ownership, you may not have the option of taking back control of the business.

Our wealth managers can craft a retirement plan that takes these scenarios into account. They can help you create a tax-efficient transfer plan and choose a beneficiary suited to manage your business or assets as you intended. Sign up for a free special consultation on our website.

The points mentioned above are just a few of the many reasons why retirement planning is essential for individuals with a high net worth or ultra-high net worth. However, you may still be wondering, “do I need a retirement planner to create a retirement plan?”

Retirement Planning Near Me

What Does A Retirement Planner Do?

It’s natural for individuals with a high net worth or ultra-high net worth to want to create their retirement plan. After all, no one understands your finances and long-term goals better than you do. However, there are many reasons to hire a retirement planner to create your retirement plan. Let’s start by answering the question, “what does a retirement planner do?”

A retirement planner generally provides financial planning advice to help you settle into a comfortable retirement. However, they may also provide guidance related to non-financial matters, such as where you will live during your retirement or what time is best to step down from your career.

Why You Should Use a Wealth Manager For Your Retirement Plan

Professional retirement planners are usually financial planners or advisors who specialize in creating retirement plans. However, wealth managers also offer retirement planning services. The latter is better suited for this purpose for many reasons. These include:

Providing Services to High Net Worth and Ultra-High Net Worth Individuals

Wealth managers are unique in the finance industry as they cater primarily to individuals with a high net worth or ultra-high net worth. At Pillar Wealth Management, we take on only clients with $5 million to $500 million in liquid investment assets. Our wealth managers have extensive experience studying portfolios, creating plans, and offering advice to wealthy individuals. They understand the unique concerns and financial goals that high net worth individuals wish to address and can make plans to fit their needs.

By contrast, ordinary retirement planners take on clients of any net worth. This means they get to deal with clients of different financial backgrounds, but they may not develop extensive experience with any one type of client. We discuss the steps for choosing a financial advisor in our special guide.

Extensive Wealth Management Knowledge

Wealth management encompasses many different services. This includes asset management, estate planning, wealth transfer, and tax management. At Pillar Wealth Management, our wealth managers possess an in-depth understanding of each of these services.


They can use their knowledge towards creating a comprehensive retirement plan that goes beyond what an ordinary financial advisor can provide. Learn more about our services by signing up for a free consultation.

How Do I Find Retirement Planning Near Me?

Retirement planning is a task that should be performed sooner rather than later. This will ensure that you have enough time to put your plan into motion and set up a comfortable retirement for yourself. However, you may be wondering, “how do I find a retirement planner?”

There are many different ways to find the right person or firm for the job. You can start by looking through listings for financial advisors online, or you could seek advice from friends or relatives who have used retirement planning services in the past. However, you may struggle to find any retirement planners who can do a better job than our wealth managers at Pillar Wealth Management.

Retirement Planning Near Me

Why Choose Pillar Wealth Management

Investors that have high net worth or ultra-high net worth can benefit by using retirement planning services from Pillar Wealth Management. Our clients entrust us with planning their future for a variety of reasons. These include:


At Pillar Wealth Management, we possess 60+ years of experience providing services to high wealth clients. Our wealth managers have helped numerous individuals overcome challenges related to retirement planning. This includes market fluctuations, as discussed in our guide for investors with $10 million or more. We gain more knowledge with each client we take on and are continually working to improve the advice we offer and the plans we create.

Fixed Fees

Clients won’t need to worry about hidden fees when they use our services. We charge a fixed annual fee and encourage our clients to reach out to our wealth managers as frequently as they need to. This is to avoid the drawbacks associated with ordinary financial advisors who charge clients each time their services are used.

Custom Plans

Ordinary financial advisors offer their clients simple one-size-fits-all solutions for meeting their financial goals. However, this approach doesn’t account for the uniqueness of each high net worth individual’s needs. At Pillar Wealth Management, our wealth managers can create custom plans to help you achieve your short term and long term financial goals in a manner that suits you best.

You don’t need to have in-depth knowledge of finance to use our services. We tailor our plans so that they are easy for clients to understand. We can help you execute advanced financial strategies with the confidence of someone with decades of experience in this area. You can learn about some of our advanced techniques in this guide to improving portfolio performance.

When our clients ask, “what is the best option for retirement planning,” we let them know that the best option is the one that is easy to carry out and keeps their wealth secure.

So get started with your retirement planning process today. Get in touch with Pillar Wealth Management and sign up for a free consultation with our wealth management experts.