Most pre-retirees in St. Petersburg arrive with accumulated assets — a 401(k), a pension, projected Social Security — but without an integrated strategy for converting those assets into reliable monthly income. Advanced Capital Management has built retirement income plans for Pinellas County residents since 1986 and holds the FRC certification required to advise on federal employee benefits.

Florida Retirement Planning Stats — 2026

Avg savings target for FL retirees, 2026

$1.46M

Avg savings target for FL retirees, 2026

Annual SS bump for delaying past FRA

8.7%

Annual SS bump for delaying past FRA

Healthcare cost, retired FL couple

$315k

Healthcare cost, retired FL couple

Florida state income tax

0%

Florida state income tax

Sources: SSA 2026 COLA, Fidelity Retiree Healthcare Estimate 2025, Northwestern Mutual 2026 Planning & Progress Study.

FRC Certified Analysis

An FRC analysis extends well beyond standard HR-issued summaries. ACM reviews the complete benefits package — pension calculations, survivor election trade-offs, TSP withdrawal sequencing, and Social Security coordination — and delivers a written report that documents the full position in plain language. Hundreds of these analyses have been completed for federal employees across St. Petersburg and Florida.

Retirement Income Planning

Retirement income planning ensures sufficient monthly cash flow to support the intended retirement lifestyle. ACM evaluates every income source — Social Security, pension, 401(k), TSP, annuities, taxable savings — and constructs the optimal withdrawal sequence. Timing materially affects lifetime outcomes; claiming Social Security prematurely or withdrawing from the wrong account first can erode retirement assets by tens of thousands of dollars over a multi-decade horizon.

Social Security Optimization

Optimal Social Security claiming age varies by household. Filing at 62, full retirement age, or deferring to 70 each produces materially different lifetime payouts depending on health, marital status, other income sources, and tax position. ACM models claiming strategies for St. Petersburg clients to identify the election that maximizes lifetime benefits — a decision that frequently moves tens of thousands of dollars across a retirement.

Roth Conversions

Converting traditional retirement assets to a Roth IRA can produce substantial long-term tax savings, but timing and conversion size are critical. ACM coordinates directly with each client's tax advisor to determine annual conversion amounts that minimize current-year tax exposure while maximizing future tax-free distributions. Many St. Petersburg clients capture additional benefit by initiating conversions earlier in the planning horizon.

TSP Withdrawal Strategies

For federal employees, the Thrift Savings Plan typically represents one of the largest retirement assets. TSP withdrawal options — monthly installments, single lump sum, life annuity purchase, or hybrid combinations — carry materially different tax and longevity outcomes. ACM models each strategy to identify the structure that maximizes after-tax income, and serves federal employees from the St. Petersburg VA and other regional agencies specifically for TSP planning.

Multi-State Service

ACM operates from St. Petersburg and is licensed to advise clients across eleven states — Florida, Indiana, Idaho, Texas, Tennessee, Ohio, Pennsylvania, Maryland, Michigan, Wisconsin, and Nevada. Family members residing in any licensed state can be served under the same plan, and existing clients relocating after retirement retain continuity of advisory coverage.

Frequently Asked Questions