Managing Wealth in Retirement

REACHING THE SUMMIT AND RETURNING SAFELY: While climbing to the top of a mountain is considered to be a major achievement, the real goal of climbing is not simply to reach the top, but to reach the top and return safely. The same can be said for retirement income planning. For years, people have focused on accumulating enough assets for retirement. However, the biggest risks facing physicians and dentists occur during the income distribution phase when they retire and begin to live on their retirement savings.

As we begin this second half of our financial journey, we are faced with unique and potentially devastating risks such as a volatile market, inflation, liquidity, longevity, health and survivor risks. Just like climbing a mountain, physicians who address these risks will be more likely to safely and successfully complete the journey.

We understand that for physicians with little time on their hands, the retirement income planning process can seem overwhelming and complex. That’s why we developed our retirement planning process to integrate seamlessly with our online portal, allowing you to both see the plan and easily monitor your progress along it.

Process is to simplify the complexity of retirement income planning and guide you through an organized process to:

  1. Effectively transition from accumulating assets for retirement to distributing assets during retirement
  2. Determine how much income to withdraw each year so you don’t outlive your money
  3. Ensure that your income is protected against the key risks you will face during retirement