Retirement Income Planning
At our age, we need planning with certainty. A strategy for retirement income. A study conducted by Milliman Inc., (an independent actuarial firm), suggests outcomes of popular retirement income strategies. Most of the time the strategy used to build your nest egg is not the best strategy in retirement. When working, your income allows one to ride out declines in the market. But once you retire, you can’t afford a portfolio that asks you to sit patiently through bear markets.
KEY THOUGHTS
- Income producing assets should dominate the financial vehicles you will rely on for retirement.
- Even in today’s environment, it may be possible to attain a predictable and steady cash flow with a customizable strategy.
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