Retirement Income Planning

A complete plan you can rely on through retirement.

One of the biggest financial worries in the United States is retirement income, and the important process of planning for income distributions is the missing link of financial planning for many households. Until recently, much of the focus of financial planning has been placed on the accumulation phase, often leaving a void in clients’ financial plans when it comes to the important decisions they need to make as retirement approaches. Add to that the need to make retirement dollars last for 25–35 years (maybe even more), and it may seem like a daunting challenge.

As you near your retirement years, questions that come up include:

Will we have enough money to support our income?
What happens if one spouse dies after retirement, but several years before the other? Will we need life insurance to replace lost Social Security Income?
What happens if one of us has an extended long-term care stay?

Through proper retirement income planning, Midlands can work with you to help ensure that your retirement income will last throughout your lifetime.

Wealth Evaluator Process

We start and end with your dreams. Once we know what you want out of life—for yourself and your family—we evaluate where you are relative to your financial goals. We can then recommend strategies to help you get where you want to be and deliver a written financial plan. And should you choose, we can help you implement the recommendations. We watch over your plan so that you can live your life. We continually monitor your financial situation to help ensure that you remain on track to achieve your financial goals. Your goals remain the centerpiece of our recommendations and strategies.

PROJECT YOUR GOALS – where you want to be

education
retirement
future plans

APPRAISE ASSETS – what you have

investments
accounts
real estate

PERFORM GAP ANALYSIS – what you need

cash flow management
insurance
asset allocation
savings plans
tax strategies
annuities option
risk tolerance

PROVIDE OPTIONS – how to get there

detailed recommendations
comprehensive written report
private financial Web page

IMPLEMENT STRATEGIES – activate the plan

asset allocation
tax strategies
estate planning techniques

MONITOR PLAN – optimize to achieve goals

performance thresholds
automated alarms
periodic evaluation

Our process helps ensure that your financial world is organized, easy to understand, and always accessible to you.