Denver Tax Planning

At TCI, tax planning is part of comprehensive financial planning. We help you understand how taxes may affect your financial decisions and coordinate with your CPA or tax professional when appropriate. TCI does not provide tax preparation services.

In 2010, Guy Holman opened TCI’s Denver office in the heart of Larimer Square. After years as a CPA, Guy wanted to help people look beyond their annual tax return and consider how taxes fit into their broader financial lives.

That perspective remains an important part of how we approach financial planning today. Rather than thinking about taxes only during tax season, we consider potential tax implications throughout the year as part of  your long-term financial plan. Tax planning is an integral part of every financial plan and recommendation we make. Tax considerations are an integral part of the financial planning and recommendations we provide. We help you understand how financial decisions may affect your tax picture, identify planning opportunities and make informed decisions with both your current circumstances and long-term goals in mind.

Taxes are one consideration among many when making financial decisions. We look at your full financial picture, including your investments, income, retirement strategy, charitable giving and long-term goals, to help identify where tax considerations may influence the decisions you make.

Our goal isn’t simply to minimize taxes. It’s to help you make thoughtful financial decisions while understanding their potential tax implications.

Many financial decisions also have tax implications. From investment choices and portfolio rebalancing to charitable giving and retirement income, the decisions you make today can affect your tax picture both now and over time.

At TCI’s Denver office, we consider taxes as one part of your broader financial picture. We can help you evaluate decisions such as investing in tax-efficient funds, determining where different investments are held across taxable and tax-advantaged accounts, realizing gains or losses, making charitable gifts, or structuring retirement income withdrawals.

Our goal isn’t simply to minimize taxes. It’s to help you make thoughtful financial decisions while understanding the potential tax implications and how they fit within your long-term financial plan.

At TCI’s Denver office, we believe financial planning works best when the professionals in your financial life work together. That’s why we collaborate within TCI and, when appropriate, with your CPA, tax professional and estate planning attorney.

Your CPA or tax professional remains responsible for tax preparation and filing. Our role is to consider tax implications as part of your financial plan and coordinate with your tax professional when appropriate so that financial and tax decisions aren’t made in isolation.

We’ll also coordinate with your estate planning attorney to help ensure your financial plan and estate plan work together. This collaborative approach helps connect the different pieces of your financial life and keep your broader strategy aligned with your goals.

We understand that achieving financial freedom and securing the retirement of your dreams requires more than just accumulating wealth. It needs a well-thought-out retirement cash flow strategy to ensure your life is funded throughout your retirement. Your unique strategy should account for living expenses, making sure there is money to fulfill your goals and be flexible to accommodate unexpected expenses. At TCI we’re here to help develop and oversee this strategy every step of the way, and help you navigate changing your mindset from saving for retirement to spending comfortably in retirement.

Your retirement is a significant life transition that deserves careful planning and consideration. This is why, leading up to retirement, we spend time talking about cash flow, the lifeblood of retirement. Each retirement cash flow plan we build considers your various income sources, including pensions, Social Security, investment income, real estate and other assets. Then we review your spending and any other financial obligations. Once we get a sense of how much is coming in and going out, we have a cash flow baseline. After that is determined, the fun starts, and we talk about envisioning how to fund your goals and what you would like to accomplish in the subsequent years.

The transition from accumulating assets to decumulating them represents a profound mental shift in your financial journey. While the accumulation phase is defined by the pursuit of growing wealth, the decumulation phase marks the beginning of spending those hard-earned resources. While it sounds easy enough on paper, this transition represents a significant shift in mindset, where the focus moves from wealth generation to strategic asset management to ensure financial security throughout retirement. Planning for decumulation requires careful consideration of factors such as retirement income, withdrawal strategies and asset preservation, ultimately aiming to find a balance between enjoying and ensuring financial longevity.

Team TCI sees financial freedom as the ability to enjoy both time and money according to your personal preferences. By not being beholden too much, you get the freedom to live comfortably in Colorado (or wherever else you want), pursue passions on your time or simply have the peace of mind of being secure in your finances. At TCI, we believe goal-based financial planning and a comprehensive retirement cash flow strategy can help you achieve this state. By defining your unique vision of financial freedom, setting achievable goals and following a customized plan, you’re setting yourself up for long-term success.