Income Strategies

Income Strategies

Retirement is both a destination and a journey. The road to retirement is paved with choices. How you structure your plan will have a major impact on how you live in retirement. It’s is your financial professional's mission to develop a safe retirement income strategy. 

You've spent your entire working life saving for retirement. And while saving is important, the way you manage your retirement savings could be even more important. That savings, after all, typically becomes your income—and shifting from a saving mindset to a spending one can be difficult for many people.

Building a retirement income strategy starts with a realistic look at what you'd like your retirement to be like—and what that lifestyle will likely cost—establishing your priorities and understanding the tradeoffs of each option. That can result in something of a balancing act for your emotional as well as financial life. There is no one-size-fits-all retirement, and as such there's certainly no one-size-fits-all retirement portfolio.