RAINY DAY SERVICES

 

RAINY DAY SERVICES

Rainy Day Services

Planning for retirement, protecting your family and creating generational wealth has never been more challenging than it is today. There are so many variables and choices to make that deciding which path is right for you can be a tough decision. You probably have assets in financial vehicles that it made sense to purchase at the time, but as the circumstances of your life change, it’s important to make sure your assets change with them.

The key to a successful retirement comes down to a financial skill that many people have spent their entire lives practicing – the ability to manage income. You’ve spent your entire life living within your means, managing your income and saving money. When you retire, dealing with your assets as a lump sum may feel like a daunting prospect. You probably enlisted the help of an insurance professional who focuses on income planning to help you structure this plan.

But, the truth of the matter is that if you know how to create a budget and stick to it, then you know the importance of creating a retirement income plan that ensures your assets will be able to generate enough income to replace your old working salary. However, even after your income needs are met, you may still have a sum of money left over.

So, what are you going to do with this money? Most likely, you want to give it to loved ones or a charity as part of your legacy. But, what do you do with it until then?

Interested in exploring your options?

To hear Rainy Day Services click the video play button

Rainy Day Program

Articles
  • October 23, 2017
    Disposable Income
    Read More
Rainy Day Services

Planning for retirement, protecting your family and creating generational wealth has never been more challenging than it is today. There are so many variables and choices to make that deciding which path is right for you can be a tough decision. You probably have assets in financial vehicles that it made sense to purchase at the time, but as the circumstances of your life change, it’s important to make sure your assets change with them.

The key to a successful retirement comes down to a financial skill that many people have spent their entire lives practicing – the ability to manage income. You’ve spent your entire life living within your means, managing your income and saving money. When you retire, dealing with your assets as a lump sum may feel like a daunting prospect. You probably enlisted the help of an insurance professional who focuses on income planning to help you structure this plan.

But, the truth of the matter is that if you know how to create a budget and stick to it, then you know the importance of creating a retirement income plan that ensures your assets will be able to generate enough income to replace your old working salary. However, even after your income needs are met, you may still have a sum of money left over.

So, what are you going to do with this money? Most likely, you want to give it to loved ones or a charity as part of your legacy. But, what do you do with it until then?

Interested in exploring your options?

To hear Rainy Day Services click the video play button

Rainy Day Program

Articles
  • October 23, 2017
    Disposable Income
    Read More