Income Projections

Developing an income plan is an important part of planning for a secure retirement.  This involves listing all your guaranteed sources of retirement income —pension, investment portfolio returns and income retirement savings and investment accounts, such as a traditional IRA, 401(k), Roth IRA or Roth 401(k), Social Security, annuity income (if you have one), and any other sources of income. As you near retirement and once you retire, you’ll have to rely on your accumulated assets for income, so it is important to ensure a consistent and reliable flow of income for the rest of your life and understand this relative to your expense assumptions and projections.