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Retirement Planning for Lifetime Income Solutions

Let us help you design a predictable and reliable retirement plan that will protect your wealth from market volatility while deferring and minimizing taxes.

Collecting for your retirement nest egg should be nearly complete. Protecting your nest egg and making it last a lifetime now requires attention to five major obstacles: (1) Taxes, (2) Longevity, (3) Inflation, (4) Market Risks and (5) Long-term Care expense.

How do you allocate financial resources and make decisions that will address these five major challenges? We address all of these obstacles in our planning evaluations using our special software programs. Our focus is on preservation of capital with reliable and reasonable rates of return combined with lifetime income distribution planning by helping you establish a personal pension plan.


Moving assets from taxable to tax deferred and tax free sources of income, or cash flow, are the first considerations for effective tax strategies. Additionally, there may be indirect adverse tax consequences for consideration such as the Adjusted Gross Income calculations that affect the amount of taxation of your Social Security. Remember, comprehensive retirement planning should include all possible tax consequences, direct and indirect. 


When using accumulated, yet limited, financial resources during retirement the longevity question becomes paramount. For many the number one challenge facing present day retirement planning lies in the simple fact that modern day medicine has extended life expectancy beyond expectations of previous generations (in 1950 the life expectancy at birth was 68 years, in 2009 it was 78.5 years).

Furthermore, from 1970 to 2005 the probability of a 65-year-old surviving to age 85 doubled, from about a 20 percent chance to a 40 percent chance. Today, persons reaching age 65 have an average life expectancy of an additional 18.8 years (20.0 years for females and 17.3 years for males). Realistic expectations as to your life expectancy and the life expectancy of your spouse are critical considerations in planning for income distribution during retirement.

No one wants to outlive their retirement savings and lose the freedom of financial independence. Click Here to determine an estimation of your life expectancy. 


What is the impact of inflation assuming an average extension of life expectancy of 20 years beyond full retirement age? To understand the effects of inflation over the past 20 years, consider the fact that $100,000 in buying power in 1982 would require $238,250 today. Click Here to use the Consumer Price Index Inflation Calculator to measure the retrospective impact of inflation.

Market Risk

Market risk is the chance that the value of an investment will decrease due to moves in market investments. Annualized returns frequently underperform expectations. The study of returns from 2004-2013 reveal an average return of the equity and fixed income investor to be less than 3%. 

As you approach retirement, exposure to market risk increases the likelihood of severe financial repercussions because the timeline for recovery may not be available. Plus, the percentage multiplier for recovery relies on a diminished portfolio that is continually being drained for living expense thereby impeding recovery performance. Market risk and volatility are uncertainties that should be avoided as an individual approaches and plans for retirement. We offer financial insurance products and other alternatives that seek to lower market risks and that help to balance and provide stability to your retirement portfolio. 

Long-term Care Expense

Long-term care expense is related to issues of morbidity (conditions of disease) and mobility or the capacity to use our physical bodies without assistance. According to a recent study, the period of life that we spend with serious disease or loss of functional mobility has actually increased in the last few decades.  While people might be expected to live more years with disease simply as a function of living longer in general, the researchers show that the average number of healthy years has decreased since 1998. We spend fewer years of our lives without disease, even though we live longer. (See, Crimmins and Beltrán-Sánchez, "Mortality and Morbidity Trends: Is There Compression of Morbidity?" Journal of Gerontology, 2010)

Because of this general trend, it is wise to have in place retirement financial plans that meet the high probability of Long-term Care expense.  According to research conducted by the Center for Retirement Research (CRR) at Boston College and underwritten by Prudential Financial, at age 65, a typical married couple can expect to spend $197,000 on remaining lifetime health care costs, excluding nursing home care. The same couple faces a 5 percent probability these costs will exceed $311,000. Including nursing home care, the mean cost is $260,000 with a 5 percent chance these costs will exceed $570,000.