Guaranteed Retirement Income: Cover Your Wants, Not Just Your Needs
Guaranteed Retirement Income: Cover Your Wants, Not Just Your Needs Everybody needs a steady retirement paycheck to cover the basics: shelter, clothing, food, transportation and healthcare. But what about wants beyond those five basic needs? “People aren’t happy just meeting those living expenses. They say, ‘I want more. I want to live a comfortable life,’” […]
Inflation Taking a Bite Out of Your Retirement Income?
Inflation Taking a Bite Out of Your Retirement Income? For most people there’s an inverse relationship between inflation and their lifestyle. Simply stated, rising inflation directly [and sometimes dramatically] causes you to lose spending power. Everyday activities cost more – driving, eating, heating your home, etc. To combat rising costs there are a couple of […]
Savings, Income and Lifestyle: Keys to Retirement Income Planning
Savings, Income and Lifestyle: Keys to Retirement Income Planning For many, the retirement equation appears complicated and overwhelming. Thankfully, at the most basic level, it comes down to just three relatively straightforward buckets: savings, income and lifestyle. Income for pre-retirees is the paycheck you receive from your employer or business, and the money earned from […]
Searching For Income in Retirement?
Searching for Income in Retirement? Where are you going to get the income to live on in retirement? People in their 60s and early 70s are looking for cash flow—money coming into their checkbook every month. If you need $25,000 or more a year to live on beyond what you’ll get in Social Security benefits, […]