Retirement Income Planning
Protect The Income and Grow The Rest
In the mass marketing, world we live in, we get bombarded with advertisements from TV, print and social media from large financial companies that want to “grow our money” for retirement. Once we begin to withdraw from our retirement accounts everything changes. Phrases like, “ hang in there for the long run” or “it will all average out in the long run” are a road to disaster! Follow this advice and you will run the risk of running out of money when you may need it the most, during the later retirement years.
I educate my clients about something called “Sequence of Returns Risk” and how to protect yourself from it.
I create an income model we can work on together, so it is specifically designed for you, not a generic model that fits everyone. I use your savings/retirement assets and run different scenarios such as:
Amount of inflation you select to show the future purchasing power of your money
Various rates of return you decide on to see how your long your money may last
How management fees affect how long your money will last
Prepare your individual Social Security Report to help you maximize those benefits.
The effect taxes will have on your withdrawals so you can have a real expectation of what you can actually spend
When it comes to retirement income planning, I may not make you rich, but I will make sure you have a check in the mail every month.