Retirement Income Process, Strategies & Solutions
- Create an effective retirement income plan and choose the appropriate retirement income strategies
- Identify retirement income needs, objectives, and goals by evaluating your unique situation
- Evaluate income tax, estate planning issues, retirement risks and other variables that affect retirement
Sources for Retirement Income
- Determine optimal age to claim Social Security
- Evaluate factors to consider when determining an appropriate semi and full retirement age
- Understand the role of annuities, if appropriate, in a retirement income plan
- Decipher the complexities of employee and executive benefits, as well as the benefits of federal and military employees
- Determine the different ways that life insurance can be used in planning and how to address the needs of a small business owner
- Build a retirement income portfolio
Implement strategies based on the latest research ensuring retirement assets last a lifetime
Managing the Retirement Income Plan
- Choose the appropriate tax-efficient distributions from retirement plans
- Create a health expense budget and navigate the complexities of Medicare and other health care options
- Prepare for the potential need for long-term care insurance
- Navigate retirement housing decisions and address home equity strategies
- Create and manage retirement income portfolios as appropriate
