Not your parent's retirement.
With the replacement of pensions with 401k plans and the uncertainty of Social Security’s ability to maintain future benefits, the responsibility to provide retirement income has been placed more and more on individuals.
Retirees are now having to deal with longevity, inflation and investment risks that were not as significant issues for their parents.
Longevity Risk
Plan for more sustainable income throughout your retirement.
Inflation Risk
Protect purchasing power from erosion over the years.
Investment Risk
Create portfolios that align with your goals and assets.
Risk Alignment
As you transition from wealth accumulation to income distribution, your strategies should also change. In distribution, the focus is increasing the reliability of your income while taking only the risk necessary.
Your Personalized Plan
First, your advisor designs and initiates a personalized lifetime income plan based on the financial capital of your whole household.
Long-Term Approach
The time-segmented structure of your income planning strategy will help you manage your emotions.
What goes into orchestrating your retirement performance?
We use a Time-Segmented strategy to divide your retirement into separate segments, each with a different investment objective and time horizon. The number and length of segments are customized to your cashflow needs. After each segment is spent, the next segment will then be converted to a similar product as was used in the first segment.
Aligned Investments
Your investments may need to be adjusted to fit the risk profile appropriate for each segment.
Continuous Review
You and your advisor will periodically review the progress of your plan and discuss possible changes to the plan.
Are you ready to get started?
Schedule a meeting today with BluHawk Wealth and get started on planning your retirement income. We’ll be with you every step of the way.