How may investors generate income in retirement?
Do you know how much income you’ll need in retirement, or how you may need to generate that income? Here’s what to know.
What do you mean by “retirement income”?
How much income will I need in retirement?
What are the primary risks to my retirement income?
|Market volatility risk||Inflation risk||Withdrawal rate||Health care costs||Longevity risk|
|Strategies to Help these Risks|
|Comprehensive initial planning|
|Effective withdrawal planning|
|Diversified income sources|
|Inflation-adjusted income sources|
|Asset and product allocations|
|Cash reserve and liquidity management|
|Continuous monitoring and adaptive planning|
Low / No effectiveness