Living in Retirement
Living in Retirement
You may spend up to a third of your life — 30 years or more — in retirement. During those years, you’ll experience as much change as you did in the previous 30. Your primary goal will be to control expenses to help your money last.
Active
- Shift Your Financial Focus — Create monthly income from your savings
- Maximize Your Income Options — Maximize and protect your retirement income
Slowing Down
- Alter Your Spending — Change your income strategy to stretch financial resources
- Living Longer — The odds of living longer are increasing
Assisted Living
- Plan Ahead — Making transition easier
- Medical Expenses — The costs can vary substantially
- Physical Care — Comparing home care, assisted living and nursing homes
Income Planning
- Managing Expenses — How you spend your money affects how you spend your retirement
- Social Security — Applying for Social Security? It’s all in the timing
- Guaranteed and Non-Guaranteed Income — Guarantees are nice but they may not be enough
- Longevity Risk — Live long and prosper
- Withdrawal Strategies — Turning retirement savings into retirement income
- Required Minimum Distributions — The required price of postponing your taxes
Estate Planning
- Establish a Plan — Have an estate plan in place before you retire
- Revisit and Revise — Consider any tax changes, family adjustments and income changes
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