Discover A New Way

Unless Social Security, retirement plan income and streams of income from assets such as real estate are enough, chances are you will need to generate income from your assets including IRA’s and other retirement plan assets and other assets in your estate.

Waiting to age seventy to start drawing your social security significantly increases your retirement income.

Can you wait four years for your account to return to it's prior value?

Is your retirement income positioned to withstand a major market downturn?

For investors who are interested in providing some guaranteed income from their portfolios, an income annuity should be a consideration, especially if one is older and in good health.  With guaranteed cash flows on initial investments of 6%, 7% or higher guaranteed by strong companies for life, they may be able to offer more income than alternatively conservative investments.

Tax reform has eliminated Federal Estate taxes on most estates that are less than $20 million; However, the costs of probate can be rather significant.

The main reason people set up revocable living trusts is to eliminate probate costs. However, failure to follow through in the asset registration can destroy the plan.