Your retirement plan is comprised of two main components; Retirement Vision and Income For Life Plan.
Retirement Vision: Your vision of a compelling, meaningful retirement lifestyle. By creating a vision of your ideal retirement lifestyle we can project what your retirement lifestyle expenses will be.
Income for Life Plan: Your Income For Life Plan estimates what your lifestyle expenses will be during retirement and then using your projected wealth at retirement age illustrates a tax efficient income stream that covers your retirement lifestyle expenses for as long as you live.
Your Retirement Plan will address the following risks:
Longevity Risk: the risk that you will outlive your money
Investment Return Risk: the impact of market returns on your retirement income
Inflation Risk: the erosion of your purchasing power over time
Health Risk: the potential for increased costs related to health issues