Retirement Income Planning

Preparing for Your Golden Years

If you look forward to retirement with both anticipation and trepidation, you aren’t alone. Many worry they won’t have the means to live the retirement life they dream about. At Idaho Financial Group, we believe everyone deserves to enjoy their golden years. Retirement income planning can alleviate some of the concerns about whether your income will be enough to support you comfortably.

The Process of Retirement Income Planning

The process begins with a dive into understanding your goals for retirement, current and future assets, and income streams. Together, you and your advisor:

• Establish a time horizon
• Outline your risks
• Assess your financial obligations
• Estimate retirement expenses
• Determine investment income tax impacts

We identify gaps between your needs and income and devise strategies for closing those gaps and increasing your income now and throughout your retirement years.

The Reason To Plan for Retirement Income

Retirement income planning puts you in the driver’s seat for your golden years. Developing a plan gives you a clear picture of where your income will come from and how you will meet financial obligations while still living the life you desire. When your plans or situation change, your retirement plan changes with it, and we’re here to help you navigate every turn.

The Time To Start

Whether retirement is a few years off or just around the corner, you can start planning for how to meet your income needs now. Idaho Financial Group is here to walk you through the process. Contact us today to schedule a consultation!