Do you understanding how Retirement Income Streams work and why it is critically important ?
Begin with the End in Mind
With the right preparation and the right tools,
set yourself up for the best possible retirement income.
Accumulation vs Distribution
As we navigate through life, the journey up the mountain symbolizes our pre-retirement years, where we dedicate ourselves to accumulating wealth during our working years.
As we reach the peak, the descent in our retirement phase is a time when we choose to no longer work. During this phase we enter the distribution stage our lives,
During the distribution phase we may be subject to sequence of returns risk. Understanding both the ongoing accumulation rate and various distribution rates becomes crucial. These two rates not only influence our retirement income streams but also interact with one another, shaping our financial well-being as we transition from the accumulation of assets to the distribution of funds.
Setting up your options for Retirement Income is best done well before you retire. You also have important decisions to make as you transition to and navigate retirement. Let us help you Retire Happy.