Retirement planning is the process
- To understand the Risk in Retirement: Market Risk, Inflation risk, Interest rate risk
- To see if you will outlive your money during retirement
- To Identify the need to have any Guaranteed Income Resources
- To Understand the Tax implications during retirement and during Legacy
- To understand the medical cost implications to your retirement savings,
- so, you can plan well in advance
Major Concerns about retirement
- Social security is running out of money, so reduced payments from social security
- Living Longer
- We may need money for long term care
- Expected tax increase in future
What to plan now to overcome the challenges during retirement
- Optimal contributions to qualified retirement plans.
- Increased investments outside of qualified retirement plans
- Invest for Growth and Safety
- Have long term care insurance
- Find programs that allows Tax free distribution
- Have program that gives Guaranteed Income Stream
Do you like to know any programs that provide these benefits?
- Guaranteed Income for Life time
- Tax free distribution
- Protection against market loss
- Tax free Transfer the wealth to next generation
- Supplement Medical and Long-term care needs
