Develop a sustainable withdrawal strategy from their retirement accounts (401(k), IRAs) to help their savings last throughout their retirement.

Advise on planning out your Social Security benefits and integrating them with other income sources.

Help them manage pension distributions, if applicable.

Develop strategies to help minimize taxes in retirement. This could involve Roth conversions or utilizing tax-efficient accounts like Health Savings Accounts (HSAs).

Help them understand tax implications of different retirement income sources and withdrawals.

Review their current investment portfolio and risk tolerance.

Recommend adjustments to their asset allocation for a more income-focused and potentially conservative mix suitable for retirement.

Develop strategies that seek to help manage investment risk and potential market fluctuations to protect their nest egg.

Help them navigate Medicare enrollment and explore supplemental insurance options (Medigap, Medicare Advantage) to cover potential medical expenses.

Factor potential healthcare costs into their overall retirement budget.

Review estate plan (will, power of attorney) reflects their current wishes and beneficiary designations.

Discuss potential options for managing estate taxes and efficiently passing on wealth to beneficiaries, considering any changes in family circumstances.

Create a realistic budget based on their desired lifestyle and projected expenses in retirement.

Advise on managing discretionary spending and potential adjustments as needs evolve.

Explore strategies to help maximize their retirement income by considering options like part-time work or downsizing.

Discuss their charitable giving goals and explore options for integrating them into their financial plan (donor-advised funds).

Help them develop a legacy plan that reflects their values and ensures their wishes are carried out after their lifetime.

Regularly review their financial plan and make adjustments as necessary based on market changes, lifestyle adjustments, or unexpected events.

Provide ongoing guidance and address any questions or concerns that may arise throughout their retirement.