Retirement planning does not always end when retirement begins. Income needs, investment accounts, healthcare, Medicare, beneficiaries, family circumstances, and long-term goals may change over time. Benowitz Wealth Management helps Florida public employee retirees review the questions that may still matter after retirement.
Independent fiduciary guidance for Florida public employees. Not affiliated with or endorsed by the Florida Retirement System or the State of Florida.
Many Florida public employee retirees made big decisions on the way out the door — pension option, DROP, account rollovers, beneficiaries, Medicare enrollment. Then life kept going. Healthcare changed. Markets moved. Family circumstances shifted. Tax rules adjusted. The plan that fit perfectly on retirement day may need a refresh, and the answer isn’t always a wholesale change — sometimes it’s a quiet annual review that catches the small items before they become big ones.
An annual review isn’t a sales meeting. It’s a structured look at what’s working, what’s drifted, and what may need attention before the next year of retirement.
Reviewing pension income alongside other sources to make sure the income picture still matches current spending and goals.
Reviewing how investment accounts are allocated and whether the risk level still fits the years ahead and current circumstances.
Considering how much to withdraw, from which accounts, and in what order — and how that interacts with taxes.
Reviewing Medicare coverage, supplement choices during annual enrollment, and how healthcare costs fit into the plan.
Updating beneficiary designations on pension, retirement accounts, and insurance — particularly after life changes.
Coordinating with your CPA and estate attorney on Required Minimum Distributions, where applicable, and other tax planning topics.
The planning questions don’t stop arriving just because the working years did. Required Minimum Distributions begin at some point. Medicare runs an annual enrollment window. Tax laws change. Spouses retire too. Children’s circumstances change. Family circumstances change. Most retirees don’t need a brand-new plan — they need someone who keeps an eye on the existing one and flags what may need attention.
Health changes. Family changes. Spending changes. The plan should track with them.
After several years, an investment allocation often no longer matches what was originally intended. A periodic check tends to be far easier than a reaction.
Sometimes the most useful conversation is simply a second look at the existing plan — no pressure to change anything.
Plans benefit from the kind of relationship that notices a small drift before it becomes a big problem.
These items don’t always require change. They simply benefit from a periodic look. Often the most valuable answer is: yes, this still fits.
We work with retirees the same way we work with members still in service — as a fiduciary, in plain English, without products being pushed. Some retirees engage us for ongoing coordination. Others come for a one-time second opinion. Both are fine. The goal is simply that you leave a conversation more clearly informed than you arrived.
Registered investment adviser working in your interest, with no quotas or product sales.
We are comfortable being a second opinion. We will not pressure a change unless one is clearly worth discussing.
A retirement plan you can explain to your spouse, your kids, or your CPA — in real language.
We work alongside your CPA, attorney, and Medicare professional rather than around them.
A free educational checklist designed to help Florida public employee retirees organize annual questions involving pension income, investments, withdrawals, healthcare, Medicare, beneficiaries, and long-term retirement planning. Educational only — not personalized advice.
Complimentary. No pressure. You tell us what you’re trying to make sense of. We listen first and ask questions second.
A written look at the current plan — income, investments, healthcare, beneficiaries, tax considerations — with anything worth attention clearly flagged.
If a change is worth discussing, we’ll discuss it. If your plan still fits, we’ll say so. Either way, you’ll leave more clearly informed than you arrived.
Learn more about this topic and how it may connect to your retirement plan.
Learn more about this topic and how it may connect to your retirement plan.
Learn more about this topic and how it may connect to your retirement plan.
Learn more about this topic and how it may connect to your retirement plan.
Learn more about this topic and how it may connect to your retirement plan.
Learn more about this topic and how it may connect to your retirement plan.
Retirement plans rarely sit still after the retirement date. Income needs change. Markets move. Healthcare options change. Tax rules adjust. A periodic review keeps the plan aligned with the life it’s supposed to support — and often confirms that what’s in place is still working.
The page is primarily written for Florida public employee retirees who participated in FRS. That said, the planning topics — investment review, withdrawal planning, Medicare, beneficiaries, tax coordination — also apply broadly to other retirees. We are happy to talk regardless of which retirement system you came from.
Yes. Reviewing pension income alongside investment accounts, Social Security, and savings is usually clearer than reviewing each in isolation. That’s the value of a single plan rather than several separate ones.
Yes. Many retirees engage us purely for a second opinion — without any plan to make changes. We are comfortable confirming when an existing plan still fits, and we will tell you if we see something worth a closer look.
Yes. We can help you understand how your current arrangement is structured, what you are paying, and how that compares to alternatives. We do not pressure changes. If your current advisor relationship is serving you well, we will say so.
No. We are a registered investment adviser. Tax preparation, legal advice, and insurance products are handled by separately engaged qualified professionals.
Yes. Coordination with your CPA and estate attorney is part of how a plan stays current. We do not replace those professionals — we work alongside them.
No. Benowitz Wealth Management is an independent registered investment adviser. We are not affiliated with, endorsed by, or sponsored by the Florida Retirement System or the State of Florida.
The Annual Review Checklist is a free educational document covering common review topics for Florida public employee retirees, including pension income, Required Minimum Distribution questions, Medicare annual review topics, beneficiary updates, and withdrawal coordination.
Use the Schedule a Retirement Review button on this page. We will reach out, listen to what you’re working through, and let you know whether we may be a fit. There is no obligation.
A short, complimentary conversation can bring real clarity — whether you’re five years out, five months out, or already retired. Bring the questions. Bring the statements. Bring the concerns. We’ll listen first.
Disclaimer: Benowitz Wealth Management is an independent registered investment adviser. Registration does not imply a certain level of skill or training. This content is for general educational purposes only and should not be considered personalized investment, tax, legal, Medicare, or insurance advice. Benowitz Wealth Management is not affiliated with, endorsed by, or sponsored by the Florida Retirement System, the Florida Department of Management Services, the Division of Retirement, the State Board of Administration of Florida, the State of Florida, any county government, city government, school district, public employer, public safety agency, or government agency. FRS rules, benefits, retirement options, tax laws, Medicare rules, and related planning considerations may change. Before making decisions regarding benefits or retirement planning, visitors should review official plan information and consult appropriate qualified professionals. Investing involves risk, including the possible loss of principal. Past performance does not guarantee future results.
