Call us  Phone Number: (214) -778-5645 info@educators-advantage.com

Plano, Tx

Retirement Income Planning

At Educators Advantage Group we provide you with a sensible approach to retirement income planning.

You’ve spent your whole life working and building your nest egg. Now it’s time to put your assets to work so they can generate income for your retirement.

Have you accumulated enough investment money to support your lifestyle, month after month, year after year, throughout your retirement? Do you know how to structure your money so you will receive the additional income that you will require during retirement?

Creating on-going retirement income is different than building an investment portfolio and accumulating assets. Appropriate planning is the key!

A significant investment loss in the years just prior to and/or just after you retire can have a devastating impact on the level of income you receive over the course of your life. In fact, the earlier a loss occurs, the greater the chance of depleting your retirement savings.

Most financial advisors focus their efforts on Retirement Accumulation Planning, which is why the advertisements you see on TV and in financial publications are all about helping you save and invest for retirement. Rarely, if ever, will you hear anything about Retirement Distribution Planning. That’s because Retirement Distribution Planning is complex and requires specialized knowledge and expertise that few financial advisors possess.

As you approach your retirement years, Educators Advantage Group Advisors can help answer such questions as:

    • Should I consolidate my assets?
    • How can I generate income from my retirement savings?
    • Do I have enough money saved to pay my bills and afford a comfortable retirement?
    • Will you outlive your money
    • Have you accumulated enough investment money to support your lifestyle, month after month, year after year, throughout your retirement?
    • Do you know how to structure your money so you will receive the additional income that you will require during retirement?

Developing a Plan

We can help create a plan to project a target income goal. Taking into consideration your monthly and annual expenses, current and future income sources and current market conditions, your Financial Advisor can help you identify a strategy to maximize the longevity of your assets.

Depending on the level and complexity of your retirement income needs, we can help with the following:

  • Develop a budget for every day expenses.
  • Provide multiple models for retirement spending patterns using a variety of analysis strategies.
  • Calculate required minimum distributions according to your projected tax bracket and new tax laws.
  • Propose solutions to help overcome projected shortfalls.

Investing for Income

With access to our comprehensive platform of investment solutions, your Financial Advisor can help you bolster your portfolio to create a sustainable income stream from your savings. Guaranteed life income is always a priority with special attention given to the continued need to grow your investment dollars. We take care to consider potential future inflation, market volatility and personal emergency money requirements while planning for monthly on-going income year after year during retirement.

At Educators Advantage Group we aim to dissolve your confusion and concerns with personal one on one specific information and education. We strive to  replace your fear and uncertainty with confidence and peace of mind. We will help you comfortably and confidently make suitable money decisions that will last your lifetime. 

 Contact your Educators Advantage Group Advisor to get started.

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