Almost every phase includes infrequent or unanticipated distributions; and that’s not only to be expected, it’s to be planned for. The Distribution phase, however, is focused on consuming your resources wisely and efficiently. Getting ready for retirement can be intimidating; actually retiring can seem downright scary. With your Wealth Advisor at your side, you can approach your Distribution phase with knowledge and excitement. 

Retirement doesn’t mean the same thing to every investor. Do you want to travel? Do you want to spend more time on your hobbies and with your loved ones? Do you want to plan for some or all the things that your friends and co-workers are planning in their retirements? Do you want to start another career and earn income from your interests? Your Wealth Advisor will help you determine how much of your own wealth will need to supplement any defined income anticipated from Social Security retirement income, pensions or other sources. You’ll also want to still keep inflation in mind here, since most defined benefits do not grow as fast as inflation – or maybe at all. With ongoing reviews, your Wealth Advisor can help prepare you for a long and successful journey.