Retirement Planning · Detroit, MI
Retirement Planning for Detroit & Michigan
Most Americans run out of money in retirement around age 78. The plan can't just be 'max the 401(k) and hope.' Ten Point Financial Group helps Detroit households and Michigan business owners design retirement plans that cover income, growth, taxes, and legacy — together, not in silos.
4 Pillars
Income · Growth · Taxes · Legacy
Free
Initial strategy session
Independent
No house product to push
Why Detroit
Detroit and Metro Detroit retirees face a specific landscape — legacy pension considerations, healthcare costs in Michigan, tax mix between state and federal, and Social Security timing decisions that swing total lifetime benefits by hundreds of thousands. Generic retirement advice misses most of this. We build the plan around YOUR situation, then we coordinate with your CPA on the tax side and your investment advisor on the growth side.
How we help
Income Planning
Will your money last? We model retirement income across Social Security, pensions, withdrawals, and annuities — and stress-test against market downturns and longevity.
Social Security Timing
62 vs. 67 vs. 70. The difference is up to 76% of your benefit. We run break-even analysis and spousal/survivor scenarios specific to Michigan retirees.
Tax-Smart Withdrawal Sequencing
Which account to draw from first? Most retirees follow rules of thumb that cost them tens of thousands in unnecessary tax. We coordinate with your CPA on the right sequence.
Sequence of Returns Defense
Bad market years early in retirement can wreck a 30-year plan. We use buffer assets, bond ladders, and partial annuitization to defend against this risk.
Annuities for Income
Fixed, FIA, SPIA, Variable — each has a specific use case. We'll tell you honestly when an annuity fits and when it's the wrong tool.
Frequently asked questions
I'm 55 — is it too late to start planning?+
Not at all. Many of our most impactful planning conversations happen between 55 and 65 — the window where small adjustments compound dramatically by retirement. Sooner is better, but 55 is solidly in the productive zone.
I already have a 401(k) and a financial advisor. Why would I need you?+
Most investment advisors focus on growth. Retirement planning is broader — income strategy, Social Security timing, healthcare cost planning, tax sequencing, Medicare integration, estate coordination. We focus on the parts most growth-focused advisors don't.
How do you get paid?+
Depends on the engagement. Some clients work with us on commission-based insurance products (annuities, life). Others retain us for fee-based planning. Initial consultations are always free. We'll disclose our compensation on any specific recommendation before you decide.
Do you help with Roth conversions?+
Yes. Roth conversion strategy — especially in the years between retirement and RMDs (age 73) — is one of the highest-leverage planning windows. We model the multi-year tax impact with your CPA.
What's the minimum portfolio size you work with?+
We don't have a strict minimum. We work with Detroit households across a wide range of incomes and net worths. The right conversation depends on your situation, not your account balance.
Learn more
Free retirement strategy session
Tell us where you are today and where you want to be at 65 (or 70). We'll model the gap and the strategies to close it.
Educational content only. Not financial, legal, or tax advice. All services are provided by licensed professionals. Coverage decisions depend on individual circumstances.