RETIREMENT INCOME STRATEGIES

WILL I HAVE ENOUGH?

Life expectancy in the United States is at an all-time high.1 While that’s great news, one drawback to a longer life is the greater possibility of outliving your savings and investments. That's where retirement incomes strategies come in. In one study, 43 percent of Americans surveyed said their number one fear in retirement was the possibility of outliving their savings.2

Figuring out the best way to make your savings stretch over the next 25 to 30 years can not only be confusing, it can also be overwhelming. Additionally, the investment landscape has changed and markets are more volatile today.

There are many ways that a comprehensive plan can combat longevity and address market volatility. Plans are very personal and would depend on the clients goals, risk tolerance and investment size as well as any other income streams such as pension and social security.

For a closer look at building retirement income that isn't taxed when you draw on it, see our guide on creating a tax-free retirement.

At Retirement Prosperity Group, we help you design an income strategy that fits your unique needs and lifestyle. That means addressing essentials like:

    • Ensuring predictable, guaranteed income for life
    • Supplementing Social Security with strategic withdrawals
    • Minimizing taxes on retirement income
    • Incorporating inflation protection into your plan
    • Aligning risk with your retirement timeline

 

Lifetime Income Annuities or Pensions

There are insurance products, like annuities, that can provide a steady and reliable lifetime retirement income stream for the rest of your life (or for both lives if you are married). Concurrently investments create opportunities for long-term growth. We can help you incorporate both in a financial strategy designed to put you on the path to the retirement lifestyle you want.

We help you create a retirement cash flow plan that’s built for longevity, flexibility, and confidence.

1 Honor Whiteman. Medical News Today. Oct. 8, 2014. “CDC: Life Expectancy in the US Reaches Record High.” Accessed March 23, 2015.

2 Catey Hill. MarketWatch. July 18, 2016. “Older People Fear This More Than Death.”

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