Services

Retirement planning strategies

After years of hard work, many people eagerly contemplate and look forward to retirement. Retirement planning today has become a much more complicated and intricate task than it was in previous generations.  According to the Social Security Office of Retirement and Disability Policy, "the percentage of workers covered by a traditional defined benefit (DB) pension plan that pays a lifetime annuity, often based on years of service and final salary, has been steadily declining over the past 25 years."  This reality, along with Social Security benefits making up a smaller portion of the total retirement income solution, now forces many retirees to more heavily rely on their own savings and assets to generate sufficient retirement income.  The good news is that there is a plethora of new and innovative options available in the marketplace today that are designed to facilitate turning retiree nest eggs into reliable and sustainable income streams throughout retirement.  We create comprehensive strategies, often blending together multiple products with unique and complementary features, to help provide our clients with an efficient (current or future) retirement income solution while maintaining adequate flexibility to adapt to changing or unexpected circumstances.