Retirement Planning Solutions

Bring confidence to your retirement picture.

How long will I live in retirement and will my money last as long as I do? How much do I need to set aside for healthcare costs? Do I have the right mix of tax-deferred and taxable savings? How do I decide which account to draw income from? Even for wealthy individuals, these can be very real and pressing concerns.

From systematic withdrawal programs to bond laddering strategies, legacy and tax planning, let us show you how to bring new-found confidence to your retirement plan. Your SunTrust advisor will help you better prepare for retirement by:

  • Maximizing your tax-deferred savings opportunities with the right mix of Traditional, Roth, Rollover, Simple and SEP IRA solutions as well as Annuities1
  • Exploring tax-efficient means of converting your retirement assets into income
  • Helping you navigate a variety of retirement-related risks

Risks to Your Retirement Savings:

  • Longevity Icon Longevity
  • Inflation icon Inflation
  • Market Volatility Market Volatility
  • Healthcare icon Healthcare
  • Taxes icon Taxes

Joe Sicchitano, Senior Vice President and Head of Financial Planning for SunTrust Private Wealth Management, discusses retirement planning and the sustainable withdrawal rate.

 

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For most retirees, Required Minimum Distributions provide much needed additional retirement income. But for wealthy individuals with plenty of other income sources to ensure a comfortable retirement lifestyle, these required distributions can prove more headache than help.

 

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DISCLAIMERS

1 Annuities are offered by SunTrust Investment Services, Inc. An annuity is an insurance product designed for long-term savings. There are considerations to keep in mind, such as a surrender-charge period on full surrenders and on certain withdrawals. Account value will be impacted by withdrawals. These vary by contract so you want to ensure you are aware of these elements before you purchase an annuity. Withdrawals many be subject to federal and/or state income taxes. An additional 10% federal tax may apply if individuals make withdrawals or surrender their annuity before age 59 ½.

SunTrust Bank and its affiliates and the directors, officers, employees and agents of SunTrust Bank and its affiliates (collectively, "SunTrust") are not permitted to give legal or tax advice. Clients of SunTrust should consult with their legal and tax advisors prior to entering into any financial transaction.

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