Planning For Retirement Income

When it comes to retirement income, people are in one of two situations:

  1. Accumulation.  During this phase, people are accumulating the resources needed to meet their financial needs after they retire.  This money will come from Social Security, retirement savings (Pensions, 401k, 403b, IRA), inheritances, and funds derived from the sale of assets. 
  2. Distribution.  Income is drawn from savings.  Sounds simple doesn’t it?  This is complicated by taxes, investment asset allocation, personal health and the possible need for long-term care, living expenses, estate planning, care for a surviving spouse, unexpected expenses, AND uncertainty about how long you will live.

The old line, “Man plans and God laughs” is certainly true.  No one can anticipate every event, but we can help you be as prepared as possible. We’re experienced, knowledgeable, and care about our clients.