Houston Office
Retirement Education
FOR LONG TERM PLANNING, BEGIN WITH A PURPOSE IN MIND
Get Your Retirement Income On Track
A THOUGHT ON RETIREMENT
“Our approach to saving is all wrong. We need to think about monthly income, not net worth.”
DR. ROBERT C. MERTON
American Economist
Harvard Business Review Contributor
Economic Sciences Nobel Prize Laureate
What is the underlying premise for all long-term savings? Why are we giving up current enjoyment of our income? The answer is to have an income stream in retirement. It makes sense to learn how retirement income streams work economically and define how to allocate your savings today. The sooner you get on an efficient path, the greater the impact you have on your retirement income streams. Let Destination Retirement help today.
LONGEVITY AND DISTRIBUTION RATES
The Two Main Retirement Income Problems
LONGEVITY: We do not know how long we are going to live. If we knew this, then retirement planning would be easy. One would find your retirement income by simply dividing the number of years by the total amount of retirement assets. So, do you plan for the best or the worst-case scenario?
DISTRIBUTION RATES: Determine a distribution rate before knowing the rate of return of our Retirement Assets in any given year.
Inflation Impact left open for Examples
- Strategy for Retirement and SS Distributions
- IRA Rollovers and Secure 2.0 Act Rules
- Impact of Sequence of Return in Early Retirement Distributions