The ABCs of Retirement Withdrawal Strategies (Webinar)

“How much is enough?”

“Will my savings last?”

As financial advisors, we field many different types of questions from our clients — but it’s safe to say that these are two of the most prevalent.

And they’re concerns that extend far beyond our immediate client base: nearly half of everyday, working Americans say that retirement is the top financial worry that keeps them up at night.1 Toss in headline-dominating issues like the Social Security shortfall and rising healthcare costs, and the retirement income conundrum grows more complicated.

For some retirees, these worries have escalated into real-life issues. According to a recent HSBC survey, almost 40 percent of retirees said that if they could do it all over again, they would have started saving earlier — and 30 percent wish they had saved more.2

It’s time to combat these statistics and start finding solutions. Like most people, you probably already know the rules of thumb for retirement readiness: start saving early, and make an effort to boost your 401(k) plan contributions throughout the years. If you’re already doing this, you’re on the right track.

But the key to making those savings last isn’t just what you have; it’s how well you manage your cash flow.

In the most recent segment of our OneBite™ Webinar series, we shared a three-step approach to creating a plan that can help you make the most of your savings through every stage of retirement. Keep scrolling for a replay of the full presentation, plus resources that can help you put this approach into action.

OneBite Webinar ABCs of Retirement Withdrawal Strategies

Not Those “ABCs”…

It can be scary to think about a time when you won’t be able to depend on a regular, biweekly paycheck from your employer. Instead, you’ll be writing a paycheck to yourself, using the assets you’ve accumulated in the years leading up to retirement. Here’s a quick glimpse at the tips and topics you’ll explore during the webinar replay:

— The “ABCs” to preserving your nest egg and income stream in retirement

— How to manage your retirement cash flow and tax situation

— Other sophisticated, money-saving techniques to consider when withdrawing assets in retirement

Want to follow along with the video recording? Download the presentation slides.

Put Your Distribution Plan Into Action

When it comes to planning for your financial future, you might think that retirement is the end of the road. But a solid, stable plan is one that evolves as your life, goals and priorities change, even after you’ve started your second act.

Download these resources to get a head start on the planning process and learn how to enhance other aspects of your financial picture.

Let’s Get Started

A trusted partner can provide clarity and perspective around your financial goals and help you see them through.

Find an advisor near you.

 

Wipfli Financial Advisors, LLC (“Wipfli Financial”) is an investment advisor registered with the U.S. Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940. Wipfli Financial is a proud affiliate of Wipfli LLP, a national accounting and consulting firm. Information pertaining to Wipfli Financial’s management, operations, services and fees is set forth in Wipfli Financial’s current Form ADV Part 2A brochure, copies of which are available upon request at no cost or at www.adviserinfo.sec.gov. Wipfli Financial does not provide tax, accounting or legal services. The views expressed by the author are the author’s alone and do not necessarily represent the views of Wipfli Financial or its affiliates. The information contained in any third-party resource cited herein is not owned or controlled by Wipfli Financial, and Wipfli Financial does not guarantee the accuracy or reliability of any information that may be found in such resources. Links to any third-party resource are provided as a courtesy for reference only and are not intended to be, and do not act as, an endorsement by Wipfli Financial of the third party or any of its content or use of its content. The standard information provided in this blog is for general purposes only and should not be construed as, or used as a substitute for, financial, investment or other professional advice. If you have questions regarding your financial situation, you should consult your financial planner, investment advisor, attorney or other professional.
OneBite Editorial Staff
OneBite Editorial Staff

OneBite® is a Top 50 Financial Advisor Blog powered by Wipfli Financial Advisors. Founded in 2011, the digital magazine is dedicated to providing intelligent, in-depth coverage and analysis of the top financial and economic issues facing investors today.

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The ABCs of Retirement Withdrawal Strategies (Webinar)

time to read: 2 min