Ready to Retire?
You have saved and funded your retirement, and now it is time to think about spending your savings. But how do you take the money you’ve saved and make it last? The NextPhase™ Retirement Income Planning Process can help determine your level of safety, comfort and risk when handling your retirement. NextPhase™is a clear investing approach for creating lasting, inflation—adjusted retirement income through the use of time segmentation.
Timing
Whether you retire during a year of positive or negative returns can make a big difference in how long your income will last. We seek to mitigate the risk of years with negative returns by dividing your assets into bucket strategies designed for distribution during different time periods. Your bucket strategies may vary from very conservative to aggressive.
Inflation
The effect of rising prices can impact your standard of living. A time-segmented approach incorporates some portions to more aggressive investments. The purpose of these buckets is to mitigate the risk of inflation with investments slated to provide income 10-25+ years into retirement.
Longevity
How long you live impacts the monthly income needed to sustain your desired lifestyle. The NextPhase™ strategy is designed to mitigate the risk of longevity by using a monthly retirement income base made of stable and predictable income sources less exposed to market risk. This allows your other assets to be invested for long term growth to generate future income in your golden years.