Securities offered through Securities America, Inc., A Registered Broker/Dealer, Member FINRA/SIPC and Advisory services offered through Securities America Advisors, Inc. An SEC Registered Investment Advisor John Williams, Representative. Davis Williams Wealth Management and the Securities America companies are unaffiliated.
CA Insurance License 0D90041
This site is published for residents of the United States and is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any security or product that may be referenced herein. Persons mentioned on this website may only offer services and transact business and/or respond to inquiries in states or jurisdictions in which they have been properly registered or are exempt from registration. Not all products and services referenced on this site are available in every state, jurisdiction or from every person listed.
Retirees face some big financial risks that can devastate their retirement security. A solid plan for creating monthly income should recognize this fact, and then seek to manage risks.
Below is information about what I call The Three Big Risks: Timing, Inflation and Longevity risks. Seeking to manage these is the key to enjoying greater retirement security and making your income last.
Would you want to leave your retirement security to chance?
The reality is that by picking a year to retire that is a bad year for stocks can be the difference between your income fortunately continuing for years, or unfortunately running out early. Don't leave your retirement security to good luck or bad.
Molly and Sandra are the same age, have the same amount of savings and are taking the same monthly income. How is it that Sandra loses $416,000 compared to Molly in only 4 years? Don't leave your retirement security to good luck, or bad. Watch the Video.
Take 2-minutes to learn why you should take steps to manage Timing Risk with NextPhase™.
The effect of rising prices can threaten a retiree's standard of living. For example, in 1980, the average price of a new car was $7,210. By 1989, it had increased to $15,400. And in 2017, the average new car cost $33,560. At a 3% rate of inflation, a retiree loses 25% of his or her purchasing power every ten years.
Your strategy for creating retirement income must seek to keep your income on pace with inflation.
No retiree stops needing money. So a good question to contemplate is, "How long could my retirement last?" Think about the oldest person you know? Is he or she over 80? or 90? The fact is, a married couple age 65 has a 25% chance that the surviving spouse will live to age 98!
Your strategy for creating retirement income should provide a "floor" of monthly income you can't outlive.
No retiree stops needing income. And no retiree can know in advance which financial risks may threaten their standard-of-living.
Don't confront retirement without a plan for monthly income. NextPhase™ helps you manage The Three Big Risks™.
Download the free report.