RETIREMENT INCOME PLANNING


CREATING INCOME THAT WILL LAST THROUGHOUT YOUR RETIREMENT

Jeff Zemito has been an innovator in meeting the changing needs of pre and post retirees for more than 20 years. Our wide range of retirement plans and services can help you design and maintain a long-term retirement and income strategy.


FIVE KEY FINANCIAL RISKS

Whether you are approaching retirement or already there, you probably have a much different picture of what retirement means than previous generations. You may also have more challenges when it comes to financing your retirement. Recognizing and addressing these challenges is an important first step to meeting your retirement goals. Together we can develop a strategy that addresses the following risks:

  1. Longevity Risks - is the possibility of outliving retirement assets. People are living longer and may spend 20 to 30 years or more in retirement, which means a longer period of time to stretch retirement assets.

  2. Inflation Risks - is a reduction in purchasing power over time. At a minimum, your income needs to keep pace with inflation to help maintain your standard of living.

  3. Health Care Costs - has risen dramatically in recent years, sometimes even exceeding the rate of inflation. This may become a significant challenge during the later years of retirement.

  4. Market Risk - is the potential you may lose money that you've invested. Investment losses will leave you with less money to live on in retirement.

  5. Excessive Withdrawals Risk - is the withdrawing too much too quickly which could result in running out of money.


SOUND RETIREMENT SOLUTIONS - THREE COMPONENT APPROACH

Our sound retirement solutions are comprised of three fundamental components: growth, access and predictable income. These three components when used together, are designed to have a synergistic effect on your entire retirement strategy and may allow you to better protect your retirement income, allowing your other assets to accumulate more efficiently. Now let's look at each of the components and their functions.

Growth opportunities so your income has the potential to keep pace with inflation helping you maintain your standard of living.

Actively managing the allocation of your retirement savings to these three components is a key to retiring confidently.

  • Different assets

  • Predictable Income Stream

  • Grow over the long term

Access to assets for flexibility to meet your changing needs over time.

Predictable income that is reliable and can help you avoid unwanted surprises functioning smoothly in good markets and bad.


WE WILL ANALYZE YOUR SITUATION

Jeff will assess your personal information and analyze your overall situation. This analysis will help you answer these key questions:

  • Does your reliable sources of income cover all necessary expenses throughout retirement?

  • If there is a gap, what are the choices available to fund that gap?

  • How much remains in the portfolio to generate income to cover discretionary expenses and what is the withdrawal rate?

  • What is the best set of solutions for meeting your income needs throughout retirement?