Retirement Planning Services in Chicago, Il
Chicago Certified Public Accountant
John P. Jones Inc. is an Accountant providing Retirement Planning Services across Park Ridge, Oak Park, Cicero, Lincolnwood, Evanston, Kilbourn Park, Chicago, IL.
Retirement planning can be stressful. On the one hand you waited most of your working life to get to the point where you can finally retire. On the other, the questions and uncertainties can creep into your thoughts gnawing away at your newfound freedom.
- Do you have enough money to last for the rest of your life without working?
- How do you protect your 401K from sharp drops in the market?
- What steps should you, so fees and taxes do not hack away at your nest egg?
Have a Question?
Book an Appointment with our
Accountant for all your Accounting &
Nothing is guaranteed in life except death and taxes. We cannot stop the sands of time or abolish taxes. At John P. Jones, Inc, our account can reduce the amount of taxes you pay, so you can improve your quality of life in retirement.
Our Certified Public Accountants do this by taking a comprehensive review of your finances. This review goes through your current financial standing, as well as your goals to help you come up with a plan to save money from the tax man.
Note: retirement planning is not just for the retired. Did you know if you want to retire you should have saved your annual salary by the time you are 30? This number jumps up to 3 times your annual salary by the time you are 40, and eight times your annual salary when you reach 65.
You need a solid tax plan to reduce your tax liability and increase your total contributions.
John P. Jones, Inc. works with you to create a plan to reduce your tax liability for the following income streams:
- IRA (Roth/Traditional)
- Pension (Keogh/Defined Contribution/Defined benefit/Hybrid & Cash Balance Plans)
- Social Security
- Company Stock Options
During the retirement planning process we also review timelines for specific mandatory distributions. The government byzantine rules on when you need to take which distributions at specific times can make you dizzy.
For example, when you turn 70½, you must take mandatory withdrawals from your 401K. The government does make exceptions for those still working.
Let John P. Jones guide you through this process.
Services by Chicago Accountant: Tax Preparation and Planning | Business Accounting | Strategic Planning | Tax Resolution Services | Retirement Planning