Retirement Distribution & Income Planning
Retirement Distribution & Income Planning
Here at Scarborough Financial, we use detailed financial planning software powered by e-money called Wealth Vision. This holistic approach allows you to see your distribution plan and run it against different scenarios to ensure that you have the big picture and all of the details in seeking to build a reliable, tax-optimized distribution strategy in retirement.
Things that you need to know:
Sources of income in retirement
Social Security
IRAs & Roth IRAs
Pensions
Investment & Savings
Rental Property
Distribution decisions:
What to use first
Investment strategies
Tax implications
Required Minimum Distributions (must be taken at age 70 ½)
All of these details work together when striving to create an ideal retirement income strategy that provides regular monthly payments, can sustain through changing market conditions, and accounts for inflation.