Retirement plans that make your money last as long as it needs to.
Many retirement planners focus on the accumulation phase, helping you save for your future. They highlight their expertise in investing, gauging your risk tolerance level, designing a diverse portfolio, detailing the pros and cons of stocks and bonds.
Few, however, put as much thought into what happens when you start drawing that money out, a potentially dangerous time. People are living longer. Studies show that there is a nearly one in four chance you or your spouse will live until you’re 90 years old. (Source: The Hamilton Project, Ten Economic Facts about Financial Well-Being in Retirement, Jun 2015)
In the meantime, inflation chews away at fixed incomes, healthcare costs keep rising, and even the timing of your retirement can play a major role in how much money you have available to spend.
It’s called “Longevity Risk”, and it should be a consideration for any retirement plan, no matter how old you are when you start thinking about it.
So the question becomes how to make sure your money provides you with a comfortable lifestyle for as long as your retirement lasts?
The answer is easy: Click here to connect with an advisor today.
Madison Poole emphasizes an approach that can potentially increase your retirement income by 30 to 50 percent.
We call it our “bucket strategy” , and it’s designed to help your retirement plan be less vulnerable to market swings through separate elements that provide for guaranteed income, protected principal, and liquid investments like conservative mutual funds.
What’s the best way to meet your retirement goals?
Call us at 208-898-7696 or fill out this form to set up an appointment with one of our trained, experienced financial advisors.
If you’d like to explore our retirement strategies further before you call, including addressing sequence of returns risk and guaranteed retirement income strategies, click here.