Many Americans need and expect more help from their advisors in regards to their own retirement planning.  Our solution to answer this need is Valley National’s Retirement Income Evaluation which takes a snapshot of your financial condition today and forecasts it over your life expectancy using a scenario that you describe.  The Retirement Income Evaluation excels at providing valuable insights to “what if” such and such happens.  This capability empowers us to address the 5 risks of retirement by asking the question and then providing the answer:

 Longevity – what if your life span stretches far beyond the current life expectancy tables?  How will you avoid outliving your assets?

 Healthcare Expenses – what if your employer drops your health care coverage because of its own financial stress? What if your spouse health declines which results in the need for personal care or a nursing home?

 Inflation – how do you prevent the decline of the purchasing power of your assets if your cost of living doubles or triples over your life span?

 Asset Allocation – are your investments structured properly to produce income and protect your purchasing power?  Are they too growth oriented?  Are they too conservative to prevent outliving your assets?

 Withdrawal Rate – is the amount that you intend to withdraw from your investments each year to replace your earnings stream too high?  What is the probability that this withdrawal rate will deplete your assets during your life span?

Feel free to e-mail me at triddle@valleynationalgroup.com and request a worksheet for Valley National to prepare your Retirement Income Evaluation.