Deciding how to benefit from your retirement assets and add to your current income is every bit as important as your planning and preparation to this point. You have spent considerable time and effort towards accumulating your current assets.It is now time for your assets to work as hard for you as you did to accumulate them.
Formulating an income plan in retirement to replace the income you are accustomed to can be an overwhelming task.An income replacement plan should be able to provide you with the retirement lifestyle you have worked so hard to achieve while at the same time provide you the piece of mind knowing you will not out live your assets.
A coordinated Income Replacement Plan will provide answers to questions like:
When is the best time for me to apply for Social Security Benefits?
What is an acceptable level of income to maintain my retirement lifestyle without placing strain on my investments?
Will my income keep pace with inflation?
Will I be able to provide for an emergency without interrupting my income plan?
How will I provide for health insurance?
Legacy helps to formulate a customized Income Replacement Plan that provides you with the piece of mind knowing your retirement needs will be provided for.
By establishing a mix of different income sources you can alleviate the stress of the income stream on your investments.Some strategies used by Legacy include:
Providing guaranteed* income for life
Investments with tax efficient income streams
Generating temporary income to prolong Social Security Benefits
Offsetting accounts for Income and Growth to outpace inflation
An Income Replacement Plan is just as important as having a financial plan.If you do not have an Income Replacement Plan or you feel your income plan can be enhanced please contact us for a free analysis of your income picture.
*Variable annuities are offered by prospectus only, which is available from your registered representative. You should carefully consider the product's features, risks, charges and expenses, and the investment objectives, risks and policies of the underlying protfolios, as well as other information about the underlying funding options. This and other information is available in the prospectus, which you should read carefully before investing. Product availability and features may vary by state. All product guarantees are based on the financial strength and claims-paying ability of the underwriting insurance company.