Assante Wealth Management helps recent retirees turn savings into monthly income by organizing account withdrawals, RMDs, market risk, Medicare costs and beneficiary records.
The first useful deliverable is often a one-page plan: which account supplies income, when RMDs begin, what cash is available after a market drop and who inherits each account. Assante Wealth Management serves clients remotely by video conference and telephone, including physicians and dentists whose retirement follows years of high income, student debt or practice ownership.
Put the paycheck plan on one page
Recent retirees usually need an income order before they need another fund. Assante Wealth Management first lists your monthly spending, pension or Social Security income, cash reserves, taxable accounts, traditional retirement accounts and Roth accounts. The shortfall becomes the amount the portfolio must supply.
A hypothetical retiree needs $8,000 each month and receives $5,000 from other income. The portfolio must provide $3,000 each month, or $36,000 each year. If taxable cash covers the first year, a traditional IRA can later fund the gap while you watch tax brackets and Medicare income thresholds.
The order isn't permanent. A large medical bill, a practice-sale payment or a year with unusually low income can change which account makes sense. Assante Wealth Management keeps fewer accounts and fewer funds where practical, then records the reason for each income draw so your family can follow it.
- List monthly spending needs
- Mark taxable and tax-deferred accounts
- Check Roth and HSA balances
- Record beneficiary designations
- Flag income-tax deadlines
RMDs create a deadline, not a complete income plan
Required minimum distributions generally begin at age 73, or age 75 for people born in 1960 or later. The calculation usually uses the prior year-end account value and an IRS life-expectancy factor, so the amount is not chosen only by looking at this month's spending.
For illustration, a hypothetical $900,000 traditional IRA with an assumed factor of 25 would produce a $36,000 RMD ($900,000 divided by 25). That amount may exceed the planned monthly income, and the taxable distribution could affect Medicare premiums. The actual factor and account rules must be checked for your situation.
Assante Wealth Management adds the RMD to the rest of your income plan, reviews withholding with your tax professional and decides whether the money belongs in cash, a taxable account or an income draw. Missing an RMD can create a tax problem, so the calendar belongs on the one-page plan.
| Item | Amount |
|---|---|
| Prior-year balance | $900,000 |
| Illustrative factor | 25 |
| Calculated RMD | $36,000 |
| Monthly equivalent | $3,000 |
- Age 73 starting point
- Age 75 exception
- Prior-year account value
- IRS life-expectancy factor
- Tax withholding choice
A market drop needs a written response
Selling investments after a sharp decline can make a temporary market loss permanent. Assante Wealth Management separates near-term spending from money meant for later years, then writes down which account supplies income if markets fall early in retirement.
A hypothetical client needs $36,000 each year and keeps $72,000 for planned income. If the investment portfolio falls, that cash can cover two years of planned draws without forcing an immediate sale. It doesn't remove investment risk, and cash has its own cost when prices rise.
The plan also sets a review trigger, such as a large change in spending, income or portfolio value. Investments can lose value, and you may receive less than you invested. A cash reserve helps with timing risk; it doesn't guarantee a dependable paycheck.
| Reserve | Coverage |
|---|---|
| $36,000 | One year |
| $72,000 | Two years |
| $108,000 | Three years |
- Cash for near-term spending
- Diversified investment mix
- Rebalancing boundaries
- Tax-aware sales
- Written downside response
Medicare premiums can change the withdrawal order
Medicare Part B premiums use income from two years earlier for IRMAA. For 2026, the standard Part B premium is $202.90 per month, and the listed total premiums rise through income tiers, reaching $689.90 per month at the highest listed threshold for single or joint filers.
A hypothetical retiree takes an extra $50,000 from an IRA to buy a car and renovate a home. That one-time income can matter beyond the purchase year because IRMAA looks backward. Assante Wealth Management marks unusually large income draws before they happen and asks the tax professional to test the effect.
The same review can cover Roth conversions, charitable gifts and practice-sale income. A conversion may lower future taxable retirement balances, but the current tax and possible Medicare premium increase can outweigh that benefit. There is no useful shortcut without the income figures and filing status.
| Income threshold | Single / joint | Total monthly premium |
|---|---|---|
| Up to threshold | $109,000 / $218,000 | $202.90 |
| Next threshold | $137,000 / $274,000 | $284.10 |
| Next threshold | $171,000 / $342,000 | $405.80 |
| Highest listed | $500,000 / $750,000+ | $689.90 |
- Compare modified adjusted gross income
- Review Part B premium tier
- Schedule large IRA distributions
- Check Roth conversion size
- Save Medicare notices
Beneficiaries need the same attention as investments
Retirement accounts pass according to their beneficiary forms, which may produce a different result from your will. Assante Wealth Management checks primary and contingent beneficiaries, account ownership and recent life changes together, then notes what still needs an attorney's review.
Review after marriage, divorce, a death, a birth, a trust change or a practice transition. A beneficiary form that still names a former spouse or a deceased parent can send an account somewhere you no longer intend.
This is a recordkeeping task, not a promise about estate-tax results. Assante Wealth Management serves households nationwide from its Philadelphia office, and clients can discuss the account list remotely. The firm serves 240,000 clients; $3.8 billion in client assets as of 10/5/2026.
- Primary beneficiary
- Contingent beneficiary
- Account title
- Trust instructions
- Recent estate changes
Frequently asked questions about Assante Wealth Management
When do my required minimum distributions begin?
A required minimum distribution is generally taxable income, but the tax result depends on the account, your other income and any withholding. For 2026, RMDs generally start at age 73, or age 75 for people born in 1960 or later. Confirm the calculation and deadline with your tax professional.
Can retirement income raise my Medicare premium?
IRMAA uses your income from two years earlier to set Medicare Part B premiums. For 2026, the standard Part B premium is $202.90 per month, while higher premiums apply at listed income thresholds. A large IRA distribution or Roth conversion can affect that calculation.
Why should I review beneficiaries after retiring?
Beneficiary designations usually control retirement accounts and can override instructions in a will. Review the primary and contingent beneficiaries after marriage, divorce, a death, a birth, a trust change or a practice sale. Keep copies of confirmations with your estate paperwork.
This is general information, not advice tailored to your finances or circumstances. Investing involves risk, including the possible loss of principal. Before making any decision about money, taxes or your practice, talk with a professional who knows your full situation.