Retirement income planning · Staunton, Virginia

The saving years forgive mistakes.The retirement years don't.

A bad market year in your forties gets outlasted. The same year, while you're drawing income, can follow you for the rest of your life. Most of the decisions ahead of you get made exactly once. We make sure you make them with your eyes open.

The decisions that don't wait

Which of these can you take back?

Most retirement advice is about returns. But the choices that shape a retirement are the ones you only get to make once — and almost nobody tells you which is which.

When you claim Social Security

One narrow do-over: withdraw the application within twelve months and repay every dollar you received. Otherwise the age you choose sets your benefit for life — and your spouse's survivor benefit after that. How claiming age changes the number →

Limited

Medicare Advantage, or a Supplement

Your one guaranteed-issue window opens when you turn 65 and enroll in Part B. Change your mind years later and, in most states, a Supplement can ask about your health first. The two Medicare paths →

Limited

Enrolling in Part B late

The late-enrollment penalty isn't a one-time fee. It's added to your premium and it stays there for as long as you have Part B.

Final

Converting an IRA to a Roth

Congress removed the do-over in 2018. Once you convert, the tax is owed for that year and the money stays where you put it — which is exactly why the timing matters. Paying tax on purpose →

Final

Electing how a pension pays out

Lump sum or lifetime income; how much continues to your spouse. Once the payments begin, the election is locked.

Final

How much you withdraw, and from which account

The one big lever you can pull again every single year — and the one that decides whether a bad market early in retirement becomes permanent. Why the order of returns matters →

Adjustable
Final — no way back Limited — a narrow window, then it closes Adjustable — revisit every year

General information, current for 2026. Every rule here has exceptions, and which ones apply depends on your situation. That's the conversation to have before a deadline, not after one.

What does your retirement look like?

We answer your questions

When can you retire and not run out of money?

We all want a lifetime of income to enjoy retirement. But market ups and downs, taxes, inflation, and unforeseen medical expenses can put that at risk without our ever noticing. The answer is planning. We build a plan that works today, then help you keep it current — using software you can log into any time to make your own adjustments and see the results, both for this year and for the ones after it.

How do you maximize Social Security and other income streams?

Social Security and pensions look complicated because there really are a lot of options. We take the guessing out of it and compare them side by side. We've met many people who were on pace to choose the wrong direction — and once you choose, that's usually final. You can't go back and fix it. So we help you get it right the first time.

How do you pick your Medicare and drug plan?

Medicare has a great many choices. We help you simplify the process, and there is no cost to you for that help.

How much income will you need in retirement?

Many people aren't sure how much they can safely live on. Some end up living on far too little and never enjoy what they spent decades saving for. We show you how to have confidence in what you spend — so your habits won't drive you into poverty, or leave your estate with far more than you ever intended.

How will you mitigate tax and inflation risk?

Tax rates will change during your lifetime. So will inflation. Neither is under your control, but your exposure to both is — and there are strategies to reduce it.

Will I need long-term care?

Roughly 70% of people who turn 65 will need long-term care at some point. A retirement plan should say how it will be paid for, or insured against, before it's needed.

How do I best transfer what's left to my heirs?

What your heirs actually keep depends far more on which accounts they inherit than on the size of the estate. We'll show you the options that fit your circumstances — your assets, your family, and your business, if you have one.

Who you'd be working with

Education first — and I'll tell you where I'm coming from

Some of the people who read my book go on to work with me, including on the products discussed in it. You deserve to know that plainly, and only once. What I won't do is use these pages to make a pitch.

Instead I'll explain what each tool is actually for, who it tends to help, and who it doesn't — the same way I'd want a professional to explain it to my own parents. This book won't make you a financial professional. It should make you a confident, informed client: someone who can sit across from any advisor and ask the right questions.

More about Goat Planning
  • RFC® · NPN 19629974
  • Licensed & insured in 20 states
  • A+ rating, Better Business Bureau
  • U.S. Navy submarine officer, veteran
  • B.S. Economics, Vanderbilt · M.B.A., RPI
  • Financial Independence Group · Northeast Brokerage

Don't Run Out

Everything on this site started as a chapter

A practical guide to Social Security, Medicare, and tax-smart retirement income, revised for 2026. No pitch — there's exactly one way to reach me and it's in the back.

Read the book

Where most people start

Nine questions. About twenty minutes.

They're the nine every retirement plan has to answer. Work through them and you'll know which ones you've already settled — and which ones are still open.

Goat Planning is an insurance and retirement income planning practice. Nothing on this page is investment, tax, or legal advice, and it isn't a recommendation to buy any product. Guarantees on insurance and annuity products are backed by the claims-paying ability of the issuing insurer. Rules described here are general and current as of 2026; exceptions apply and your circumstances may differ. Jeff Batson is licensed in 20 states; copies of licenses and certifications are available on request. We are not a law firm — for estate documents and complex situations, consult a qualified attorney.