Step 4 of the Retirement Planning Process is to set up an effective cash flow management system.   A retirement plan blueprint is built upon a projected amount of investment account withdrawals each year. If retirees withdraw more than the projected amount due to cash flow mismanagement, it puts the longevity of the investment portfolio in jeopardy. … [Read more...]

Entering into retirement isn't for the faint of heart.   David Littell from The American College has identified 18 risks that retirees face which must be mitigated for a successful retirement. He lists the following: … [Read more...]

Step 3 of the Retirement Planning Process is “Strategically Deploying Your Retirement Resources”. This is where the real heavy lifting comes in and strategy truly begins.  It is where an advisor can be worth their weight in gold, since they have already seen retirement situations such as yours and have experience in maximizing resources. … [Read more...]

We are currently in a series outlining the retirement planning process. … [Read more...]

There are still a few employees who work for companies generous enough to offer a pension.   Many times an employer will provide the employee an option between a monthly pension for life or a single lump sum. Deciding between these two options is both complex and sometimes frustrating. There are advantages and trade-offs to each, so how do you go about making the decision? … [Read more...]