retirement income
What is your income plan when your work paychecks end?
“Perhaps the most important thing a person can do when it comes to money is figuring out his or her retirement income puzzle. What’s going to happen when the work paychecks end? Everyone needs to ask that question and know the answer. The belief that it’s safe to simply pull a certain amount of money from their pile of investments each month, regardless of the size of the pile, can be an absolute disaster. There are proven ways to safely and consistently receive income each month, and there is neither a retiree nor soon-to-be retiree who can afford to skip this step!”
– Mark Valentich, Founder
IF YOU'RE LIKE MOST PEOPLE, YOU HAVE SOME RETIREMENT CONCERNS:
- Do I have enough money saved for retirement?
- Will I have enough income each month to maintain my lifestyle?
- How would a market downturn affect my retirement lifestyle?
- When should I begin taking my Social Security Benefit?
- If something happens to me, how will my spouse live in retirement?
THE SEVEN MAJOR RISKS TO YOUR RETIREMENT LIFESTYLE
- LONGEVITY - The longer you live, the greater the risk, and it multiplies all other risks.
- INFLATION - The same bag of groceries will go up in price year after year.
- SEQUENCE OF RETURNS - Timing is everything, and often comes down to luck.
- WITHDRAWAL RATE - Taking out too much too soon can deplete your nest egg.
- SOCIAL SECURITY - You must choose your starting age wisely, as it's a lifelong decision.
- HEALTHCARE - Expect the unexpected.
- TAXATION - Pay now or pay later.
EASE YOUR CONCERNS BY ELIMINATING RISK
Each retirement income risk increases the likelihood that you will run out of money during retirement. Planning ahead to protect your retirement income is crucial! We will help you address each of these risks to reduce the effects on assets earmarked for retirement income so you can live an optimal retirement.
secure YOUR retirement income
Social Security will help, but understanding your guaranteed income in retirement is crucial. Having a "bullet-proof retirement plan" in place can make your golden years truly golden.