Retirement Income Planning
At Genesis Wealth Management Group, we help people approaching retirement or already retired make the shift from building assets to turning savings into reliable, tax-efficient income. We coordinate withdrawal strategies (Roth conversions, RMD/QCD planning), Social Security timing, and Medicare/IRMAA considerations, while managing key risks—market volatility, inflation, and longevity. With a personalized plan and our Investment Advisor Representative and partnered CFP® team, you get clarity that builds confidence—so you can enjoy life on your terms without worrying about outliving your money.
Learn more about how Roth 401(k)s and Roth IRAs fit into your tax-free income strategy here.
Our Collaborative Team Approach
You’ll work with two professionals who design your plan together:
Investment Advisor Representative
manages the investment engine—allocation, risk control, and tax-aware withdrawals—using diversified tools such as ETFs, bonds, individual securities, and—when appropriate—buffer or guaranteed‑income solutions.
Certified Financial Planner™ (CFP®)
architects the retirement income plan—Social Security timing, tax strategy (Roth conversions, RMD/QCD), Medicare IRMAA considerations, and estate alignment—so your spending stays sustainable. The result is clarity that builds confidence.
How It Works
Discovery Call
A short call to understand your accounts, goals, and timing for retirement.
Plan Design & Analysis
We build an income plan, coordinate withdrawals, and test it with Monte Carlo simulations.
Implementation
We set up income flows, align investments, and put strategies in place for taxes, Social Security, and Medicare.
Ongoing Monitoring
Regular reviews keep your income plan aligned with markets, expenses, and changing needs.
Why Retirement Planning Matters
Unlike accumulation years, retirement leaves little room for “do-overs.” Poor timing, unchecked risks, or inefficient withdrawals can significantly shorten the life of your portfolio. By using Monte Carlo simulations, funded ratio analysis, and risk capacity assessments, we help ensure your plan can withstand uncertainty and deliver the confidence you need.
Sequence of Returns Risk
Early market downturns can harm a plan just as withdrawals begin. We design buffers and cash-flow strategies to protect against this.
Longevity Risk
Retirement can last 20–30+ years. We ensure your income plan is built to last as long as you do.
Inflation Risk
We build strategies to help your income keep pace with inflation—especially rising healthcare costs.
Service Area
We proudly work with clients throughout Illinois and Missouri, providing personalized retirement planning and income strategies tailored to local needs. In the St. Louis Metro East region, we serve communities such as Edwardsville, Alton, O’Fallon, Belleville, and surrounding towns. Our reach extends into Central and Southern Illinois, including Springfield, Decatur, Carbondale, and nearby areas where business owners and families look for dependable retirement guidance. We also support clients in Eastern Missouri, from major hubs like St. Louis, St. Charles, and Columbia to the smaller communities in between. Whether you’re preparing for retirement, coordinating Social Security, or managing Medicare decisions, our team offers local expertise with the resources of a full-service wealth management group.
When was the last time you reexamined the risk levels in your retirement portfolio?
FAQs
Schedule a Complimentary Consultation
It’s time to transform your hard-earned savings into a reliable retirement income plan you can count on. At Genesis Wealth Management Group, our retirement planning team provides a personalized review of your accounts and retirement goals, stress-tests your current strategy, and builds a clear roadmap designed to support your lifestyle for decades to come.
Your complimentary consultation includes:
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Review of your current financial situation – We take a close look at your retirement accounts, Social Security benefits, and spending goals.
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Benchmarking and income testing – Using advanced tools like Monte Carlo simulations and funded ratio analysis, we evaluate whether your income plan can withstand market changes, inflation, and longevity.
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Clear recommendations you can act on right away – We outline practical next steps, from optimizing withdrawals to coordinating Medicare and tax strategies, so you leave with an actionable plan.
Give yourself peace of mind and the confidence of a retirement income strategy built to last.
Why Medicare and Long-Term Care Decisions Belong in Your Retirement Plan
Not Just Insurance Purchases—Critical Retirement Planning Decisions
Too often, Medicare enrollment and long-term care (LTC) coverage are treated like routine insurance purchases: pick a plan, pay the premium, and move on. But in reality, these decisions carry long-term financial consequences. They must be integrated into a comprehensive retirement strategy to protect both your health and your wealth.
At Genesis Wealth Management Group, we believe Medicare and LTC planning should never be isolated choices. Instead, they should be coordinated with your income strategy, tax planning, and retirement goals.
The Common Mistake: Treating Healthcare Like a One-Off Expense
Many retirees make two costly assumptions:
– Medicare covers all healthcare costs — In reality, Medicare does not pay for most long-term care expenses, custodial care, or extended stays in assisted living facilities.
– LTC can be addressed later — By delaying, individuals risk higher premiums, limited coverage options, or no coverage at all due to declining health.
This narrow view can lead to:
– Paying too much for unnecessary coverage
– Facing large out-of-pocket costs in later years
– Higher Medicare IRMAA surcharges from uncoordinated withdrawals
– Unexpected long-term care bills draining retirement savings
A Better Way: Integrating Medicare and LTC Into Retirement Income Planning
Your health, income, and wealth are interconnected. Choosing Medicare and LTC solutions in isolation creates risk. Coordinating them within a retirement income plan ensures protection and efficiency.
At Genesis, our team-based approach integrates:
– Income distribution planning — balancing withdrawals to manage premiums and out-of-pocket costs
– Tax efficiency and IRMAA mitigation — structuring income to minimize Medicare surcharges
– Social Security timing — aligning benefits with healthcare and LTC needs
– Risk management — evaluating both risk tolerance and risk capacity to weather health or market shocks
– Legacy and estate planning — protecting assets for heirs while planning for future care
Why Long-Term Care Belongs in the Conversation
Unlike Medicare, which follows a standardized structure, long-term care (LTC) policies are highly variable and complex. Coverage terms, benefit triggers, elimination periods, inflation riders, and daily benefit amounts can look very different from one insurer to the next. This lack of standardization makes it nearly impossible to evaluate policies on cost alone.
That’s why LTC planning should be done as part of a comprehensive retirement strategy, where choices can be evaluated against:
– Your overall income needs and withdrawal plan
– Tax efficiency and potential IRMAA impacts
– Your family’s caregiving preferences
– Legacy and estate goals
By making LTC decisions in the context of your retirement plan—not just as an insurance purchase—you gain clarity, ensure adequate protection, and avoid costly gaps.
A Note on My Role
– I work closely with our partnered team of CFP® professionals to:
– Help you understand how Medicare and LTC decisions fit into your broader retirement plan
– Provide an objective review of the options available
– Walk you through the decision-making process so you can choose the coverage best suited to your financial goals, health needs, and family situation
This approach ensures that every recommendation I make is guided solely by your best interest, not by product sales or commissions.
The Genesis Wealth Management Difference
When you work with Genesis Wealth Management Group, you gain:
– A collaborative team of Investment Advisor Representatives and partnered team of Certified Financial Planner™ professionals
– Integrated planning that connects Medicare, LTC, income, and taxes
– Ongoing support as your healthcare and care needs evolve
– Personalized strategies for IRMAA, Social Security, and LTC funding
Plan for Healthcare the Right Way
Medicare and long-term care aren’t just checkboxes—they’re essential pillars of a secure retirement. By making these decisions in advance and integrating them into your plan, you gain peace of mind and protect your financial future.
👉 Schedule a no-obligation consultation today to see how our team can help you align your healthcare choices with your retirement goals.
Unlike Medicare, which provides broad health coverage, LTC planning addresses the reality that nearly 70% of retirees will need some form of care. Options include:
– Traditional LTC insurance
– Hybrid life + LTC policies
– Self-funding strategies within the retirement plan
By addressing LTC early, retirees lock in better options, reduce family stress, and safeguard their wealth against one of the most significant retirement risks.
- Options include:
- Traditional LTC insurance
- Hybrid life + LTC policies
- Self-funding strategies within the retirement plan