Did you know that Social Security and pension income may only provide about 40% of the retirement income you need?*

Things to consider

As retirement nears, your focus will need to shift — from building wealth to preserving it and generating a predictable lifetime income stream that will fund the retirement lifestyle you’ve always envisioned.

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Thoughtful income planning

By aligning guaranteed income sources to your essential needs, income from your investments could be targeted for your discretionary spending.

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Know your retirement risks

Along with new opportunities, retirement brings new risks including longevity and inflation.

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Make smart benefit elections

Choosing the right Medicare and Social Security benefits will depend on a number of different factors.

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Protect your savings

Over 70% of people age 65 or older will need long-term care at some point in their life, which is not covered by Medicare.

What to ask your Financial Advisor

  • What steps can I take to make sure I don’t run out of money in my retirement?
  • How much will I need to put aside to cover out-of-pocket healthcare expenses?
  • What are my best Social Security and Medicare election choices?
  • Given my circumstances, what is a realistic sustainable spending rate?

Talk with a Janney Financial Advisor

You don’t need to go it alone. Wherever you are on your wealth journey, we can build a tailored financial plan and make recommendations that are aligned with your best interest and unique needs, goals, and preferences. Contact us today to discuss how we can put a plan in place designed to help you reach your financial goals.

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