Get Your Income Boost
Who doesn’t want more income in retirement – to meet essentials, to pay for travel, to give to kids, and more. We’d all like an Income Boost. However, most retirement plans ask you to take more risk with your investments – and so your boost may become a bust. Now, the new Income Allocation method can deliver more income while reducing investment risk.
What is the Income Allocation planning method?
How much of an Income Boost can I get from Income Allocation?
Why does asset allocation planning fail to produce enough retirement income?
The asset allocation method involves drawing down savings over time from a portfolio of stocks, bonds and cash. Unfortunately, this planning method leaves retirees with all of the risks: investment, longevity, dependency, and persistency (see below). Further, investors like retirees may underestimate their longevity and overestimate their money management skills.
What is the least understood and potentially most dangerous risk of all?
Persistency is about carrying out the retirement plan selected. That discipline is virtually impossible when the retirees faces a stark choice: withdrawal savings after a major market correction or make painful/unrealistic cuts in personal spending. And failure to stay the course, based on various studies, results in a reduction of 1% to 4% in market returns.
How can certain retirement vehicles increase income and eliminate investment risks?
What if you were able to eliminate all risks in investing by assuming one new risk? What if your income from this financial vehicle would not be subject to duration, market, reinvestment or timing risks. And what if this financial vehicle would pay up to 3% or more income. What is the vehicle, and what is the remaining risk?