Strategies to Help Your Income Last a Lifetime
After years of saving and investing for retirement, the time has come to create a reliable income stream from your accumulated funds. The choices you make now will have long-term consequences:
What income sources will you have?
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Which investment vehicles can produce income?
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What withdrawal decisions will work best?
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Which assets should you spend first?
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Will your hard-earned money last a lifetime?
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Where do you start?
Retirement changes the way you invest. You may need to modify your asset allocations and explore new investment options. Being ready for surprises like market downturns is essential. You’ll also need to decide how to access your savings and investments, ensuring you withdraw an amount that won’t exhaust your portfolio.
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MyAdvantage, can help you address and resolve the problem of outliving your money in retirement. We can help you identify strategies to overcome the income shortfalls you face and protect your retirement dreams from falling short.
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Fill the income and security gap dilemma by creating a supplemental Retirement Income program for you and your family. Different than your normal investments, this program can not only offer guarantee you interest rates, but your income as well. A simple savings program can help you increase your fixed income overcoming shortfalls associated with pension, social security or investment income
