Planning for your retirement isn’t an easy task. Even if you’ve been a successful DIY investor, you may find yourself struggling with how best to turn your retirement assets into an income stream that will last as long as you (and your spouse) do. Today, with changes in life expectancy thanks to continued advances in medical technology, we’re living longer. But increased life expectancy means that your retirement assets must be ready for a potentially longer retirement journey. For example, did you know that a married couple age 62 retiring today has almost a 50% chance that one of the two spouses could live 33 years, to age 95?

But planning for your retirement is so much more complicated than considering life expectancies.  Are your retirement assets and income sources capable of supporting your lifestyle? How will you deal with inflation? Do you intend to work part-time in retirement? Where will you live in retirement? When should you file for Social Security Benefits and which claiming strategy will best benefit you and your spouse? Which withdrawal strategies will leave you with the highest after-tax income? What are your healthcare options and how will you pay for out-of-pocket medical and prescription expenses? What kind of legacy do you intend to leave to your heirs?

These are just a few of the many questions which must be addressed during the retirement income planning process. And these are the very questions that the experts at SFG Financial Services will help you answer.

It’s also possible that you’re already retired but are feeling like your existing retirement income plan is in need of a second opinion.

Either way, our approach remains personalized, considerate, thoughtful and steeped in knowledge and experience.