- Will you have enough money to retire?
- Will your income last?
You’ve worked hard and saved your whole life.
How you set up your retirement income today can impact the quality of life you will have for decades to come. When you retire, you face two critical factors. 1) You need to protect your portfolio from risk and 2) You need to navigate how you turn on income. You want an income that will keep up with inflation and last for the rest of your life. At Verley Financial our experienced team provides income planning for clients for when markets are good and when they are bad.
Everyone has a unique situation. We craft individualized income plans to account for the many potential challenges our clients face:
- Market Risk
- Interest Rate Risk
- Lifetime income
- When to start Social Security benefits
- Long term care expenses
- Estate Planning
- Inflation—guarding against loss of purchasing power
Ideally, the process begins several years before retirement, so we can have everything in place when retirement day comes. We also work with younger clients to help them set and meet long-term accumulation goals so they have the retirement lifestyle they desire.