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Retirement Planning

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Helping You Navigate Retirement with Insight and Intent

Retirement planning services help you prepare for one of life’s most meaningful chapters. With the right approach, retirement can be both rewarding and secure. Achieving it takes more than disciplined saving. It requires a strategy that adapts to changing markets, seeks to enhance income, and aligns with the life you want.

Perhaps you’re planning to travel, or you’re excited to pursue new goals or you’re looking forward to y enjoying financial peace of mind. Regardless of your particular situation, Alamo Capital helps you build a strategy that brings clarity to complexity and supports lasting income. This includes:

  • Structuring withdrawals to help manage market volatility
  • Balancing growth and income through diversified allocation
  • Planning for rising healthcare-related expenses
  • Addressing inflation and long-term tax impact

We work with you to build a strategy that addresses longevity, healthcare costs, inflation and taxes.

Tailored to your goals and designed to help you move forward with confidence, our retirement planning services combine expert guidance with a full suite of account options.

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Learn more about how bonds and fixed-income instruments may play a role in supporting long-term planning goals.

Account Types

Traditional IRA

Overview:

A Traditional Individual Retirement Account allows eligible individuals to make tax-deductible contributions and grow investments tax-deferred until retirement.

Benefits:

  • Contributions may be tax-deductible
  • Tax-deferred investment growth
  • Broad investment flexibility

Rules & Considerations:

  • Annual contribution limits apply
  • Early withdrawals before 59½ may incur taxes and penalties
  • Required minimum distributions (RMDs) begin at age 73
  • Earned income required for eligibility
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Roth IRA

Overview:

Roth IRAs are funded with after-tax dollars. While contributions are not deductible, qualified withdrawals—including earnings—are tax-free.

Benefits:

  • Tax-free growth and qualified withdrawals
  • No RMDs during the owner’s lifetime
  • Direct contributions can be withdrawn at any time tax- and penalty-free

Rules & Considerations:

  • Income limits apply for eligibility
  • Must be held for at least five years for tax-free earnings withdrawals
  • Withdrawals of earnings before age 59½ may be subject to penalties unless exceptions apply
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Inherited IRA

An Inherited IRA (also called a Beneficiary IRA) allows non-spouse and spouse beneficiaries to continue receiving tax-deferred growth on assets inherited from a deceased IRA owner.

Considerations:

  • Must be re-titled and include the deceased’s name
  • Subject to required minimum distribution (RMD) rules
  • Spouses may have additional rollover options
  • Decisions about inherited IRAs must typically be made within nine months of the original owner’s death

Custodial IRA (for Minors)

Overview

Custodial IRAs are retirement accounts managed by an adult on behalf of a minor. These accounts allow children with earned income to begin saving for retirement early.

Benefits:

  • Tax-advantaged growth
  • Can be set up as either Traditional or Roth
  • Encourages long-term saving habits
  • Decisions about inherited IRAs must typically be made within nine months of the original owner’s death

Rules & Considerations:

  • Contributions must be based on earned income
  • Managed by a custodian until the minor reaches the age of majority

401(k) and Roth 401(k)

Overview

401(k) plans are employer-sponsored retirement accounts allowing pre-tax (or post-tax in the case of Roth 401(k)) contributions, with tax advantages depending on plan type.

Benefits:

  • Higher contribution limits than IRAs
  • Potential employer matching contributions
  • Tax-deferred or tax-free growth, depending on plan type
  • Decisions about inherited IRAs must typically be made within nine months of the original owner’s death

Rules & Considerations:

  • Subject to IRS contribution limits
  • Early withdrawals may trigger taxes and penalties
  • RMDs apply for traditional 401(k) accounts

IRA Rollovers

An IRA rollover allows you to move assets from an employer-sponsored retirement plan or another IRA into a new or existing IRA—while maintaining tax-deferred status, if done correctly.

Types of Rollovers:

  • Direct Rollover: Funds are transferred custodian-to-custodian with no distribution to the account holder
  • Indirect Rollover: Funds are distributed to the account holder and must be re-deposited into a new IRA within 60 days

Rollover IRA vs. IRA Rollover:

  • A Rollover IRA holds assets transferred from a qualified employer plan (401(k), 403(b), etc.)
  • An IRA rollover typically refers to the process of moving assets between IRAs
  • RMDs apply for traditional 401(k) accounts

Key Rules:

  • Only one indirect rollover is allowed per 12-month period
  • No contribution limits apply to rollover amounts
  • Employer-plan assets should remain segregated in a Rollover IRA for potential future transfers

Want to estimate potential future retirement needs? Try our Retirement Savings Calculator to see how your savings and contribution assumptions compare with illustrative projections.

Frequently Asked Questions

How can I generate income during retirement?

Income during retirement can be obtained in many ways including pensions, social security, investment portfolios, and other assets. A good retirement strategy will incorporate and consider different sources and cover specific income needs while also accounting for risk, taxes, and liquidity.

Social Security benefits can be a crucial part of your retirement income strategy. Factors such as the timing of when to start to receive benefits, your pertinent work history, and other sources of retirement income may affect retirement plans. Visit the Social Security Administration for more information about Social Security benefits and eligibility.

Bonds provide income and diversification. Depending on risk tolerance, time horizon, liquidity needs, and investment objectives, suitability and tax treatment will differ.

There is no specific number for retirement savings, and it depends on factors such as living expenses, other income sources, retirement age, desired lifestyle, taxes, and investment strategies.

Retirement planning is the process and steps taken to evaluate savings, investments, income needs, time horizon, tax considerations, and other factors to prepare for one’s retirement.

An IRA rollover entails moving eligible retirement assets from one retirement account or plan to another while following applicable IRS rules.

There is no ideal time to start saving, the earlier you start, the more time you have to grow your earnings and play around with different investment strategies. People that are approaching retirement may want to focus more on income needs, portfolio allocation, liquidity, and other retirement factors.

Take the Next Step Toward a More Confident Retirement

From first-time saving to optimizing retirement income, our team helps you make smart, confident decisions at every stage.