Broker Check


A sound retirement income strategy addresses three fundamental components: Grown Potential, Access to liquid assets and Predictable income.

Actively managing the allocation of your retirement savings to these three components is a key to retiring confidently.

Organizing your assets this way can help you diversify risk and accomplish multiple goals with different assets. It can also help you protect your predictable income sources, while allowing other assets in your portfolio to grow more efficiently by reducing the need for withdrawals. Let’s look at these components and the types of assets they may include.

1. Growth Potential. This component of your retirement portfolio is dedicated to growth opportunities and offers the best possibility of keeping pace with inflation. Examples include:

  • stocks,
  • bonds
  • variable annuities
  • mutual funds.

2. Access to Liquid Assets. These assets are readily available for emergencies, supplemental income, or discretionary spending and do not incur a withdrawal charge. Examples include:

  • simple savings accounts
  • money market accounts
  • whole life insurance.

3. Predicable Income. This is income that is guaranteed for life no matter what happens in the financial markets. Examples include:

  • Social Security
  • defined benefit pension plan benefits
  • annuities that offer lifetime income options.