The 5 Step Retirement Income Plan
Transitioning into retirement can be one of the biggest changes you'll ever experience.
Use this guide as a first step down the path to retirement success. And please reach out to us with any questions or to discuss your personal financial goals and dreams!
Insights you will gain from our retirement income guide.
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Estimating Monthly Expenses
The first step to knowing whether your nest egg is large enough to fund your retirement is determining what you expect to spend each month in retirement. -
Calculating Guaranteed Income Sources
A guaranteed source of income is one that you can’t outlive. You’ll get a steady check each month, regardless of what happens in the financial markets. -
How to Draw Up an Income Plan
Your retirement income gap is the amount of money you’ll need to produce each month using your retirement savings. -
Determining Your Margin of Safety
Withdrawing more than 4% from your portfolio annually means there is a higher likelihood you could run out of money at some point in your retirement. -
Understanding and Accounting for Inflation
Your purchasing power will decline over time as you age. Inflation is the silent killer when it comes to retirement planning