The financial realities of our world are changing. More and more people need to rely on their own investments for income during retirement. Although many retirees have income streams from Social Security and/or pension plans, others rely on their 401(k)s, personal investments and savings plans.
The assets from which you expect to create a vital stream of income during retirement face risk from economic turmoil, interest rate uncertainty and market volatility. As you move from asset accumulation (saving money for retirement) to income distribution (spending money in retirement), positioning your investments to provide a primary income which lasts as long as you need becomes more complex and difficult to manage.
We teach our clients a time-segmented, inflation-adjusted approach called the NextPhase™ Retirement Income Planning Process. This strategy is designed to help you find a balance of investments with multiple time-segmented pools which have different growth and security objectives. With this balance, we are able to create a strong, personalized and predictable plan designed to provide income from your resources which will span your lifetime.