In Your 40's...The Biggest Question You Need to Answer...Is it Time for more Asset Allocation or Is It Time For Income Allocation?
In your 40's means you are nearing the "Retirement Income Zone!"
Think about all that money you've put away for retirement...what is it you really want that money to do for you?
Most of us, the 99%ers, want it to at least create an income to live on, that keeps up with retirement and we never have to worry about outliving. We'd also like it to create play-checks so we can do the things we want to do in retirement. We need for it to also pay for specialized care if we ever need in-home care, assisted-living facility or nursing-care facility. If we have enough for all of that and we can leave some behind for our loved ones, Church, charities or even our Alma-mater, most of us would like to do that too.
All of our clients realized that the retirement plans they had been following were based on Accumulation Allocation, trying to build wealth and not Income Allocation. They also found that the two actually end up working against each other. Trying to build wealth is not the best way to build that lifelong increasing retirement income and vice versa.
Since you are in your 40's it is key for you to begin looking at all your income options. Check out our short video to get a quick idea of the difference between income allocation and asset allocation. If that creates questions or concerns then call Kurt on his direct line at 816.582.5532 or email him.
The video just gives you a taste of how we design retirement income plans to be safe, efficient, last your entire life and typically we are able to structure it to leave money to the people you want to leave money to, if you are so inclined. In fact we find that we either create the same income that traditional income plans do on up to 40% less money or we create up to 40% more income from the same money.
When you're ready to get serious about building a rock solid retirement income plan we should at least have a conversation.
Think about all that money you've put away for retirement...what is it you really want that money to do for you?
Most of us, the 99%ers, want it to at least create an income to live on, that keeps up with retirement and we never have to worry about outliving. We'd also like it to create play-checks so we can do the things we want to do in retirement. We need for it to also pay for specialized care if we ever need in-home care, assisted-living facility or nursing-care facility. If we have enough for all of that and we can leave some behind for our loved ones, Church, charities or even our Alma-mater, most of us would like to do that too.
All of our clients realized that the retirement plans they had been following were based on Accumulation Allocation, trying to build wealth and not Income Allocation. They also found that the two actually end up working against each other. Trying to build wealth is not the best way to build that lifelong increasing retirement income and vice versa.
Since you are in your 40's it is key for you to begin looking at all your income options. Check out our short video to get a quick idea of the difference between income allocation and asset allocation. If that creates questions or concerns then call Kurt on his direct line at 816.582.5532 or email him.
The video just gives you a taste of how we design retirement income plans to be safe, efficient, last your entire life and typically we are able to structure it to leave money to the people you want to leave money to, if you are so inclined. In fact we find that we either create the same income that traditional income plans do on up to 40% less money or we create up to 40% more income from the same money.
When you're ready to get serious about building a rock solid retirement income plan we should at least have a conversation.