Q2 · reviewed every year
Turning a portfolio into a paycheck
People often arrive with a number in their head and no plan for how it becomes monthly income. That gap is where the transition years go wrong.
Overview
A retirement income plan answers one question in writing: where each month’s money comes from, for the next thirty years. That means a spending figure you trust, a withdrawal order with reasons behind it, and a decision on when to claim Social Security.
Scope
What this covers
- A realistic monthly spending figure for your first years of retirement
- A written withdrawal order across your taxable, tax-deferred and tax-free accounts
- When to claim Social Security, including the spousal decision
- How the plan holds up in periods of market weakness: sequence-of-returns risk
- Coverage for the gap between your retirement date and Medicare eligibility
What people usually ask
- “How much can I actually spend without running the risk of outliving it?”
- “When should each of us claim Social Security?”
- “What happens to the plan if the market drops in my first two years?”
In the rotation
This is the Q2 review
Our quarterly planning system is designed so clients are generally no more than ninety days away from a review of each critical area. You also have the flexibility to choose the order. Whether you want to start with tax planning or with investments and risk management, the order of the quarterly meetings is at your discretion.
See the full quarterly system →Talk through income planning
Step one is a 15-minute discovery phone call about your situation: your concerns, your goals, and whether our firm is a good fit. No cost, no obligation, and no requirement to transfer assets.