Broker Check
(925) 830 - 1700

Tax Planning

Estate Planning Is Always Important—Especially as You Enter Retirement

Taxes do not disappear in retirement—in many cases, they become more complex.

For retirees and those nearing retirement, taxes can quietly reduce income, increase Medicare premiums, and limit what passes to heirs. Decisions around Social Security, retirement account withdrawals, investment income, and estate planning are often interconnected, making proactive planning essential.

At Tomren Wealth Management, we help retirees and pre-retirees understand how taxes impact retirement income and identify planning opportunities designed to improve long-term, after-tax outcomes.

A Credential That Sets Us Apart: Michael Tomren is a member of Ed Slott's Elite IRA Advisor Group℠ — an exclusive network of fewer than 1% of U.S. advisors who receive ongoing training directly from America's leading IRA and retirement-tax expert. Your withdrawal and conversion strategies are built on the most current IRS rulings and tax-law updates.

Common Retirement Tax Strategies to Consider

Depending on your situation, retirement tax planning may involve evaluating:

Tax-efficient withdrawal strategies

Roth IRA conversions during lower-income years

RMD planning to manage future tax exposure

Capital gains timing and asset location

You May Be a Candidate for Retirement Tax Planning If You…

  • Are approaching or already in retirement
  • Have significant IRA or employer retirement plan assets
  • Expect future RMDs
  • Are concerned about rising taxes or Medicare costs

A Coordinated, Thoughtful Approach

We take an integrated view of retirement—considering taxes alongside investments, cash flow, healthcare, and legacy planning. When appropriate, we coordinate with CPAs and estate planning professionals to ensure strategies are aligned.

Start the Conversation

A complimentary consultation can help clarify whether there are tax planning opportunities specific to your retirement situation — and what they might mean for your long-term income.If you are unsure how taxes may affect your retirement—or whether there are opportunities you may be overlooking—we invite you to reach out. A brief phone conversation can help determine whether retirement tax planning may add value to your situation.

LPL Financial and LPL representatives do not provide tax or legal advice. 

Schedule a Call
Thank you!
Oops!