Retirement income you can live on
Financial Planning
Retirement income, Social Security, long-term care, and tax planning for the years ahead.
Retirement in Central Texas costs more than it did five years ago. Property taxes have climbed, healthcare premiums are up, and the old '4% rule' no longer answers every question.
The families who retire well here aren't the wealthiest. They're the ones who wrote down a plan, stress-tested it against inflation and long-term care, and revisit it every year.
What this covers
Social Security timing
Claiming at 62 permanently reduces your benefit ~30%. Waiting to 70 grows it ~24% above full retirement age. For married Texans, the higher earner's decision affects the surviving-spouse benefit for life.
Retirement income buckets
A resilient plan uses three buckets: 1-2 years of cash, 3-7 years of conservative bonds, and 8+ years of growth. That structure lets Central Texas retirees ride out down markets without selling stocks at a loss.
Long-term care planning
About 70% of Americans over 65 will need some form of long-term care. Options include traditional LTC insurance, hybrid life/LTC policies, self-funding with a reverse mortgage line of credit, and Medicaid planning (with a 5-year look-back).
Texas tax advantages
No state income tax is a real retirement bonus - but property taxes are among the highest in the U.S. The over-65 school-tax freeze and the homestead exemption are the two biggest levers Central Texans miss.
The Central Texas angle
Central Texas advisors we work with are fee-only fiduciaries - they never sell products for commission. That structure alone eliminates most of the conflicts of interest that hurt retirees.
Next steps
- Pull your latest Social Security statement at ssa.gov
- List every retirement account, pension, and annuity in one document
- Book a free 20-minute call with a CTSRN-referred fiduciary
Vetted local providers
Hill Country Wealth Partners
Fee-only fiduciary firm focused on retirement income and tax planning for Texans 60+.
Austin · Lakeway (512) 555-0142Cedar Park Retirement Group
Independent advisors specializing in Social Security timing and pension rollovers.
Cedar Park · Leander (512) 555-0177Lakeway Retirement Strategies
Boutique RIA serving Lake Travis families - retirement income, Roth conversions, charitable giving.
Lakeway · Bee Cave (512) 555-0418
Not sure where to start?
Tell us your situation and we'll connect you with the right person, free.
Ask an ExpertFrequently asked
- When should I claim Social Security in Texas?
- There's no single right answer. Claiming at 62 reduces benefits ~30%; waiting to 70 increases benefits ~24% over Full Retirement Age. Health, marital status, and other income sources matter more than the headline number.