Get More LIFE From Your Retirement…
Retiring can feel more complex than saving for it. We help you create a reliable tax-efficient income so you can retire confidently.
Great River Financial is a Minneapolis, MN fee-only financial planning firm located in Plymouth serving clients in the Twin Cities area and nationwide. We understand planning for retirement can feel complex and overwhelming. We help simplify it by providing tax-efficient retirement planning and investment management to help people in or near retirement grow and protect their assets through life’s transitions. As fee-only, fiduciary, and independent financial advisors, we are never paid a commission of any kind, and provide unbiased and trustworthy financial advice.
What We Do
Create a Retirement Paycheck
Coordinate your Social Security with your investments to create a paycheck – without the work.
Improve Tax Efficiency
Manage your investments and withdrawal strategies so you don’t pay more tax than you need to
Keep Costs Low
Your advisory fees shouldn’t double if your wealth does
Common mistakes that cost you a lot
- Investing Too Aggressively (or Too Conservatively)
- Taking Social Security Too Early (or Too Late)
- Spending Too Much (or Too Little)
- Tax Inefficient Withdrawals from Accounts
- Being Unprepared for Unexpected Expenses
- Overpaying for Financial Advice
A Better Retirement
Intro Call
- Get to know each other
- Get your initial questions answered
- No cost or commitment
Discovery Meeting
No cost meeting to discuss projections and answer the three big questions…
- Are you on track to retire?
- Can you reduce your taxes?
- Can you improve your investments?
Client Onboarding
We take care of most of this for you. What to expect:
- Account transfers and consolidation
- Reallocating investments
- Initial financial plan and retirement income strategy
Ongoing Advice
- Call & meeting frequency customized to your needs
- Financial and Retirement Income Planning
- Customized Social Security Strategy
- Investment Management and Updates
- Tax Planning
What can you expect from us?
Retirement wisdom, not just financial advice
Retirement wisdom integrates various aspects of life to create a fulfilling and meaningful retirement. The focus is not just on financial security, but also on overall well-being and life satisfaction to build the confidence to stop putting off things you want to do that you can afford.
Strategies tailored to your unique situation
Your financial plan and investments are personalized to consider your specific circumstances, goals, and needs. By customizing your strategy to your unique situation, you can create a realistic plan that addresses multiple aspects of your life to create a secure and fulfilling retirement.
Analogies and illustrations rather than financial jargon
If it seems like many finance professionals are speaking a different language, it’s because sometimes they are. We are fluent in the terminology, but find communication is more effective with this goal in mind: “Everything should be made as simple as possible, but not simpler.” – Albert Einstein
Tax efficient withdrawal and investment strategies to pursue higher after-tax returns
Withdrawing from taxable accounts first, then tax-deferred accounts, and lastly from tax-free accounts can lower your taxes over time. Placing tax-inefficient investments in tax-deferred accounts, high-growth investments in tax-free accounts and tax-efficient investments in taxable accounts can further reduce the tax drag on your investments.
Coordinate with you and your tax preparer to simplify tax preparation
Nearly all financial decisions affect your taxes. We help you simplify the process of gathering the information needed to file your tax returns.
