Evaluating Your Retirement Income



Although many individuals nearing retirement have at least one 401(k), IRA or defined benefit plan, rarely will those income sources meet the full range of retirement expenses.





















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​By working with us, we can help determine how much you will need to withdraw from your retirement portfolio to live comfortably in retirement. The less you withdraw, the better your chance your assets can generate income through the duration of your retirement. The general rule of thumb is a maximum withdrawal of 4% to 6% per year, but you may need to withdraw more or less depending on your specific circumstances.



You may need to adjust your rate of withdrawal based on future market performance. The sustainable rate of withdrawal is historical and will fluctuate. If your rate of withdrawal is greater than the growth of your assets, you may exhaust your principal.

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​            It's important to know how you'll finance your needs and wants in retirement. Learn more...

Social Security benefits are another important aspect of your retirement plan. A variety of factors, such as your age, spouse's earnings and other sources of income, can affect when you may need to begin receiving your benefits.



Contact us to gain the insight you need to help determine the most appropriate course for you.