If you’re newly or recently retired, you should have a “retirement income” plan.
No one should retire without one.
Here’s why. After you retire, you may face the common problem of “drawing down” your savings. Many retirees live very well in the first few years after leaving work… so well that they end up withdrawing and spending more money than their portfolios can earn back.
Remember when the “average” person could expect to live to 76? Today, many of us may live much, much longer. So it is vital to have a long-range plan for retirement income, and essential to determine safe income withdrawal rates. I can help you do that, and professionally review your plan annually.
No one should retire with fears about outliving their money. No retiree should face the shock of realizing that their savings are fast disappearing. The advise of a retirement income planner may help you avoid both of these scenarios.
Contact me to setup an appointment to discuss your personal situation.