The 401(k) plan is becoming one of the largest sources of retirement savings for many American workers...
Income in Retirement
Creating income...
...for the next chapter of your life.
With retirement often lasting 20-plus years, amassing a large amount of money in investment accounts may not be enough anymore. Retirees should plan for ways to help their money grow and generate income.
Millions of Americans in retirement may be scrambling to find ways to make ends meet without the income from a full-time job.
Fortunately, there are several possible solutions available for those looking to increase their income during their non-working years. One of our CFS* Financial Advisors can help you work to overcome several retirement income challenges and create a predictable income stream by:
- Designing a retirement plan
- Uncovering your basic expenses and discretionary expenses
- Evaluating current sources of retirement income
- Identifying potential gaps between income and expenses
- Anticipating fixed and discretionary expenses in retirement
- Positioning assets to generate income
- Uncovering new sources of income
To learn more about income in retirement, contact us today to schedule a complimentary, no-obligation appointment.
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March 21, 2023
Preparing for retirement can look a little different for women than it does for men... -
May 1, 2022
A tax basis can be important when deciding whether to make gifts now or...
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April 7, 2022
There are two types of rollovers: direct and indirect. A direct rollover is...
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December 27, 2021A recent survey found that more than half of retirees have retirement...
*Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA / SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are registered through CFS. The Credit Union has contracted with CFS to make non-deposit investment products and services available to credit union members.
Registered Representatives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to, or contact with, residents of other states will be made only upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States.
CFS representatives do not provide tax or legal guidance. For such guidance please consult with a qualified professional. Information shown is for general illustration purposes and does not predict or depict the performance of any investment or strategy. Past performance does not guarantee future results.