No More Guessing
The foundation of a happy retirement is the confidence and peace of mind of knowing the source of one’s income, and how much that income will be.
We teach our clients income allocation strategies that ensure, protect and maximize retirement income sources.
Hope and timing is not a strategy
Volatility in the markets, historically low bond yields, and the fact that people are living longer has a lot of experts questioning the 4% safe money withdrawal rule. Morning Star recently concluded that a retiree who wants a 90% probability of achieving their income goal and having their assets last 30 years should only withdraw 2.8% per year (That's only $28,000 per year on a $1Million nest egg).
This is why income planning becomes crucial for people in or nearing retirement and you may want to work backwards to figure out your base income need. When you add your Social Security payments, pension (if you are one of the lucky few) and investment income, there may be a gap in your base income need. We work with you to fill these common"gaps" to give you peace of mind in retirement.
Using our exclusive Income Navigator reports we will assist you with
Defining your current financial position
Identifying current risk allocation and if necessary recommending an age-appropriate re-allocation (if necessary)
Designing a predicatable tax-efficient retirement strategy
Reviewing your progress and making modifications as circumstances or family needs change
