Crnhzkr
Dryer sheet wannabe
I'm getting really close to retirement. My tentative plan is to call it quits at the end of April. I started down the path of moving the bulk of my assets into a managed account with Personal Capital. When I listened to their pitch, I mentioned that I feel that I can effectively manage my own asset allocation and rebalancing, but what I'm really looking for is help with things such as:
Those are the types of issues that concern me and that I'd like professional help with. The PC rep I worked with told me they would be able to help me through those issues. It occurs to me though, that these are really more the types of questions that I should hire a CPA for. As it stands right now, PC hasn't reallocated any of my funds and there are to be no charges for the first 3 months, after which their rate is .79%. I've instructed my advisor to hold off on doing any allocations until I think this through some more. I'm beginning to think that I should pull everything out of PC to manage myself and hire a CPA for the tax-related issues I mentioned above.
I've never worked with a CPA and have always done my own taxes. Are these the types of issues that a CPA can help me with?
- Which bucket(s) should I use to fund my retirement income stream
- Help with ROTH conversions (how much and when?)
- How much to include in quarterly estimated taxes
- When my wife retires in a year or two (we're both currently 59), we'll need to be very coginizant of maintaining taxable income under the ACA thresholds
Those are the types of issues that concern me and that I'd like professional help with. The PC rep I worked with told me they would be able to help me through those issues. It occurs to me though, that these are really more the types of questions that I should hire a CPA for. As it stands right now, PC hasn't reallocated any of my funds and there are to be no charges for the first 3 months, after which their rate is .79%. I've instructed my advisor to hold off on doing any allocations until I think this through some more. I'm beginning to think that I should pull everything out of PC to manage myself and hire a CPA for the tax-related issues I mentioned above.
I've never worked with a CPA and have always done my own taxes. Are these the types of issues that a CPA can help me with?
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