Solutions
Income Planning is procees of taking all you income producing assets and developing a strategy that ensures the highest probability of long term success.
Income Planning
Many people assume that mananging money for income is simply a matter of selling investments as needed for their monthly expenses. But there are hidden dangers in this phylosophy that are not that obvious. An investor, who is forced to sell investments for income during a down market can quicly devastate a portfolio to the point where there's no possibility of recovery- even after the market does.
There are four key risks associated with effective income planning.
- Longevity risk- Outliving your money
- Inflation risk-Cost of goods exceed you portfolio rate of return
- Event risk- Things beyond our control " September 11th"
- Volatility risk- You sell when the market is down.
Social Security and your Income Plan;
Your social security payments can be a key element in your over-all income plan. When you begin taking those payments can have a huge affect on the total as wel as the amount of payments you receive on a monthly basis.
Get a FREE analysis of your Social Security benefits as well as some FREE Social Security guides by clicking on the links to the right.
J. Anthony Group
Planning & Advice
The Retirement Analyzer Will Provide to These and Many More Important Planning Questions.
- Can I continue my present standard of living into my retirement years?
- When can I retire safely without running out of money?
- How could my situation change during turbulent economic times ?
- How would it affect my family if I die prematurely?
Securities offered through Grant Williams LP, member FINRA and SIPC
