Tolleson Wealth Management is a wealth advisor firm for recent retirees turning a lifetime of savings into a dependable monthly paycheck. Flexible spending means using withdrawal guardrails that can raise or trim spending as markets move, rather than treating one annual withdrawal number as permanent.
That matters once paychecks stop. Your IRA, taxable account, Social Security, pension income, and spending needs have to cover ordinary months as well as a bad market year. We put the spending decision in the middle of the conversation, then look at the accounts that will support it.
Why would I choose Tolleson Wealth Management for retirement spending?
Tolleson Wealth Management works from a practical concern: a fixed withdrawal can become hard to live with when markets fall or prices rise. A retiree needs money for groceries, travel, property taxes, and the occasional large repair. The spending amount needs room to move without turning every market headline into a reason to sell.
Here is a hypothetical example. A couple begins retirement with $1M and takes $60K annually from investments. If their portfolio falls 20 percent, it is worth $800K before withdrawals. A rigid $60K withdrawal would equal 7.5 percent of that smaller balance; a guardrail might call for a temporary 10 percent spending trim, or $54K annually, while the couple protects core bills and revisits discretionary spending.
That does not make a market decline painless, and it does not predict a recovery. Account values can fall below the amount originally invested. The point is to decide ahead of time which expenses can bend, and which cannot, before a down market forces a rushed choice.
The first thing we look at is the gap between reliable income and monthly spending. Then we discuss which account may cover that gap, how much flexibility is realistic, and what would cause a change. A household with a stable pension and modest withdrawals may need fewer guardrails than one relying mostly on investments.
Will Tolleson Wealth Management fit my situation?
Tolleson Wealth Management is built for people with $500K or more in investable assets who are close to retirement or already spending from their savings. The conversation is especially useful when several accounts must fund one household budget, or when a spouse wants a simpler view of what each account is for.
The firm serves 720,000 clients and has $2.9 billion in client assets, as of 10/12/2026. Those figures do not answer whether the work fits you. A better quick test is whether you can name the amount you need from savings each month and the account that will pay it. If either answer is unclear, there is useful work to do.
People around the country work with the firm mainly by screen-share video call or phone, with an office at 100 Liberty Street, Columbus, OH 43215, United States. A face-to-face visit is not necessary to discuss account statements, household spending, or paperwork.
How will my accounts and spending be discussed?
The work begins with the numbers you already live with: account balances, recurring income, monthly spending, and upcoming tax or benefit decisions. Tolleson Wealth Management asks for the paperwork needed to see the household as a whole, then writes down the decisions in a playbook you can return to when markets are noisy.
The stages below show the usual sequence. They are conversations, not a promise that every account will move or every question will have the same answer for every household.
| Stage | What happens | What you receive |
|---|---|---|
| Household picture | List income, accounts, spending | Account and income summary |
| Spending discussion | Separate core and flexible costs | Monthly spending target |
| Account choices | Discuss withdrawal sources and taxes | Withdrawal playbook |
| Account move decision | Explain payment and transfer details | Written account-move details |
What could we settle during the first year?
During the first year, the useful decisions are often ordinary ones that have been left undone. You may decide how much cash to keep for bills, which account funds the next twelve months, and how a survivor would find the key account information. Some choices need a tax professional or attorney; we do not treat a conversation about investments as a substitute for either.
Paperwork often needs attention. Beneficiary designations, account titles, old employer accounts, and automatic payments may point in different directions. We help put those items on one list, identify what still needs an outside professional's attention, and record completed decisions in the household playbook.
Tolleson Wealth Management also explains how the firm is paid in a written format before an account is moved. Waiting can be sensible when a person is still deciding whether to retire, has not settled a spending target, or needs an estate or tax question answered first. The aim is to make the next decision understandable, not to push every account into a change.
A later conversation can revisit spending when household facts change. A market drop, a large medical bill, a pension election, or the death of a spouse can all change the numbers that were reasonable months earlier.