Parsonex

Parsonex: retirement planning, 401(k) and IRA rollovers, and investment help in Englewood, CO, near the Denver Tech Center. Member FINRA/SIPC.

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Financial Advisory ServicesFinancial PlannerRetirement Planning

Hours

Mon 8:30 AM to 5:00 PM
Tue 8:30 AM to 5:00 PM
Wed 8:30 AM to 5:00 PM
Thu 8:30 AM to 5:00 PM
Fri 8:30 AM to 5:00 PM
Sat Closed
Sun Closed
Meetings are by appointment, at our Englewood office or by video call. Closed on market holidays.

About Parsonex

Parsonex is a financial planning and investment firm headquartered in Englewood, Colorado, near the Denver Tech Center. Our financial planners and investment advisors work with individuals, families, retirees, and small business owners across the south Denver metro, including Centennial, Greenwood Village, Littleton, and Lone Tree. Parsonex is not a fee-only firm. Depending on the account, clients pay an advisory fee or commissions, and our Form CRS explains how we are paid. Meetings are by appointment, at our Englewood office or by video call. Securities offered through Parsonex Securities, Inc., Member FINRA/SIPC. Advisory services offered through Parsonex Advisory Services, Inc., an SEC-registered investment adviser.

Services

Retirement planning, retirement income, 401(k) and IRA rollovers, pension decisions, Roth IRAs and Roth conversions, Social Security timing and required minimum distributions.

Areas Served

Englewood, Centennial, Greenwood Village, Littleton, Lone Tree, Denver Tech Center, south Denver metro

FAQ

Generally no. Medicare does not cover most custodial long-term care, the day-to-day help many people need later in life. That cost is typically funded through savings, private long-term-care insurance, or Medicaid, and it is usually a separate line from ordinary healthcare costs. See Medicare.gov.

Claiming earlier means a smaller monthly benefit, and waiting increases it, up to about age 70. The right timing depends on your health, other income, and goals, and it interacts with taxes and withdrawals. See SSA.gov for the figures that apply to you.

RMDs are minimum amounts the IRS requires you to withdraw each year from most tax-deferred accounts once you reach a set age, generally 73, and 75 for those born in 1960 or later. Delaying your first distribution to the next April 1 can stack two into one year, and missing one carries an excise tax. Roth IRAs have no RMDs during the owner's lifetime. See IRS.gov.

It depends on your situation. There is no universal withdrawal order. Some strategies use taxable accounts first, others take proportional withdrawals across account types, and others deliberately recognize taxable income during lower-income years. Because accounts are taxed differently, the sequence can affect how much you keep. This is general information, not tax advice; see IRS.gov.

It is the risk that the order of investment returns, not just their average, hurts you once you are withdrawing. Poor returns early in retirement, combined with withdrawals, can do lasting damage even if long-run averages are fine. Two retirees with the same average returns can end up very differently depending on when the down years fell.

The 4% rule is a general guideline based on historical research: withdraw about 4% of the portfolio in the first retirement year, then adjust that amount for inflation. It is a starting point, not a promise. The appropriate rate depends on retirement length, investment allocation, market returns, inflation, taxes, fees, and the ability to adjust spending.

It depends on your expenses, income sources, and goals, so there is no single number that fits everyone. A plan built around your own situation is more useful than a rule of thumb.

There is no single right time to start, but time is one of the biggest factors in any plan, so beginning earlier tends to give a plan more flexibility. Planning is also valuable close to and during retirement, when decisions about income and timing matter most.

Retirement planning is the ongoing process of preparing your finances for life after work. It covers how much to save, how to invest, how to turn savings into income, and how to account for Social Security, taxes, healthcare, and how long retirement may last.

You can call the office or start a conversation online, and a Parsonex professional will follow up to arrange a time to talk.

Find Us

(303) 662-8700
8310 S. Valley Highway Suite 205
Englewood, CO 80112
 Website
Today: 8:30 AM to 5:00 PM