Retirement Planning

The ultimate goal in retirement planning is to make sure that your assets last as long as you do.

There are several reasons behind this:

• We tend to be too optimistic about how much money we can draw from our assets in retirement
• If you set your withdrawal rate too high you can run out of money. Remember, someone retiring in 1973/1974 bear market with a portfolio of 60% stocks and 40% bonds would have run out of money using any withdrawal rate higher than 4%.
• If stock and bond returns fall below their past averages the risk of running out of money will increase
• There are so many variables turning retirement savings into income that it is more of an art than science

We focus on improving the odds for our clients. With so many rules in place each and every situation is unique and requires an individualized approach.