Today, as you try to figure out a safe money retirement income strategy, you’ve got a lot to consider:
- The market goes up, and the market goes down. Will it be down when you need to sell some of the assets in your retirement fund? How can you control your financial future when Wall Street is absolutely unpredictable?
- What about inflation and taxes? What if you put your money into safe CDs, only to get clobbered by inflation? Will higher taxes give you less money to spend in retirement – just when the cost of everything is going up due to increasing inflation?
- How can you plan your withdrawals if you can’t know for sure how long you’ll live? Over the last century, life expectancy in this country has mostly gone up. How can you be sure your retirement savings won’t run out before you do? And what’s your Plan B if your money does run out?
If you don’t have answers to these questions, join the club! These are the challenges we all face when planning for our retirement, but there are proven strategies that can guarantee you can put these challenges behind you. [Read more…] “Trading a Pension for Tension: Why You Need a Safe Money, Guaranteed Income Strategy for Retirement”