Sunday, September 22, 2013
Retirement Income Source Diversification
As indicated in previous posts, It is not unreasonable to manage risks in retirement by diversifying sources of retirement income. This could involve maximizing Social Security benefits (by deferring commencement), utilizing some life insurance company annuity products (or defined benefit plan annuity income) and utilizing a rationale spend-down strategy for managed assets. This article compares three diversified options with the 100% Annuity option and the 100% Self-Managed option.