Nordmann Wealth Management provides financial planning and investment management services for individuals, families, retirees, pre-retirees, and business owners in Central Florida. Our office is located in Lake Mary, and we serve clients throughout Sanford, Longwood, Altamonte Springs, Apopka, Orange City, Deltona, DeLand, and the greater Orlando area.

Our primary focus is helping people prepare for and navigate retirement. Retirement can be exciting, but it also raises difficult questions. You may be ready to leave work emotionally, but are unsure whether the numbers support the decision. You may have saved diligently but still wonder if you've saved enough, or how to use your accounts to create monthly income. You may be concerned about taxes, Medicare, market risk, estate planning, or how to provide for a surviving spouse.

We will bring those questions into one organized planning process.

Investment management should support your financial plan. We help clients build and manage portfolios based on their goals, risk tolerance, income needs, time horizon, and tax considerations.

For retirees, the portfolio must often balance income, preservation, growth, liquidity, and legacy goals. We help clients understand the specific risk they are taking and whether their investments are aligned with their retirement plan.

Taxes can have a major impact on retirement income. We help clients think through the tax implications of IRA withdrawals, Roth conversions, required minimum distributions, the percentage of Social Security taxation, capital gains, charitable giving, and Medicare income thresholds.

We do not provide tax advice, but tax planning is an important element of our practice, and we can help identify issues to review with your CPA or tax professional.

Medicare is one of the most important planning issues for retirees. Decisions around Medicare timing, coverage options, prescription drug plans, income-related premium adjustments, and coordination with employer coverage can affect both health care and cash flow.

We help clients understand how Medicare fits into the broader retirement plan and where additional specialized guidance may be needed.

A sound financial plan should address not only projected income, but also wealth transfer. We help review beneficiary designations, account titling, estate planning objectives, and coordination with attorneys with the goal of transferring assets to heirs directly and minimizing the assets left in the taxable estate for your heirs.

Common topics include wills, trusts, ladybird deeds, durable powers of attorney, health care directives, beneficiary designations, inherited IRA considerations, education plannning for minor grandchildren, and planning for a surviving spouse or future generations.

Changing jobs, retiring, or consolidating accounts often creates rollover decisions. We help clients evaluate their options, including keeping assets in an employer plan, tax-free rollovers of assets to an IRA, or using other available strategies depending on the circumstances.

The goal is to simplify your financial life while preserving flexibility and maintaining an investment strategy aligned with your needs.

We also work with businesses that want to establish or maintain employer retirement plans. Services may include guidance around 401(k) plans, SEP IRAs, SIMPLE IRAs, cash balance plans, and other retirement plan options.

Business owners often need to balance employee benefits, tax considerations, administrative complexity, cost, and their own retirement planning. We help identify plan structures that will fit your business and coordinate with plan providers and tax professionals as needed.

We do not charge fees for financial planning. Our strong preference is to work as a fee-based, fiduciary advisor for our clients, meaning that our compensation is a flat percentage fee based upon your account size; as such, our interests are aligned with our clients. That means planning, advice, investment management, and ongoing review are integrated into the client relationship with no additional fees.

Whether you are a few years from retirement, recently retired, changing jobs, managing a rollover, or trying to create a more organized financial plan, we would welcome the opportunity to speak with you.

For more information, contact Nordmann Wealth Management in Lake Mary at 407-536-5322.