Jun 27, 2020
Our Cornerstone Retirement Blueprint Process is focused around 5 key pillars of retirement planning designed to help our clients achieve the retirement they have always dreamed of. On this episode, we’re going to elaborate on the income planning process, which is a top priority for your retirement plan.
Show Notes, Contact & Resources:
0:55 – If you don’t have an income plan, you don’t have a retirement plan.
1:29 – Clients don’t rely solely on Social Security.
3:08 – What does a client do if they don’t have a pension to pair with Social Security?
4:18 – How we help you determine the best way to claim your Social Security benefits.
7:00 – What are the different options when it comes to pensions?
8:49 – Another thing we factor into income planning is inflation.
11:27 – What percentage of clients have an income plan when they first meet with us?
13:34 – Carrying less debt and keeping expenses down provides more flexibility.
15:48 – An example of a client we were able to help with income planning.
18:08 – So many people focus on accumulation throughout life rather than worrying about distribution.