No two retirement journeys are identical. Your withdrawal strategy should reflect your unique goals, timeline, and comfort level. Our approach includes:
Establishing your income baseline: We analyze your essential and discretionary spending needs to determine your required withdrawal rate.
Setting aside your “rainy day” funds: For near-term expenses and market volatility protection, we may recommend allocating a portion of your portfolio to fixed income investments that provide higher yield in the current interest rate environment, creating a buffer that allows your equity investments to continue their long-term growth.
Optimizing withdrawal sequencing: We help you make the complex decisions about which accounts to tap first, factoring in potential tax implications, required minimum distributions, and your overall financial picture.
Monitoring spending flexibility: We identify which expenses can be adjusted if needed, giving you greater control during market fluctuations.
Staying the Course Through Market Volatility
Market volatility can be particularly unsettling during retirement. The natural instinct to react to market downturns by changing your investment approach or withdrawal strategy often leads to poor outcomes.
Our disciplined approach to retirement income mirrors our investment philosophy: it’s a marathon, not a sprint. By focusing on high-quality companies and maintaining appropriate cash reserves, we help clients avoid the common pitfall of selling investments at inopportune times to generate income.
During market corrections, your withdrawal strategy can temporarily draw from your fixed income reserves, allowing your equity investments time to recover while still meeting your income needs.
The Power of Professional Guidance
Establishing and maintaining a sustainable withdrawal strategy requires ongoing analysis and adjustments. Our team’s decades of experience and CFA expertise provide the guidance needed to navigate the distribution phase successfully.
We continually evaluate both your investments and withdrawal approach, making recommendations based on changing market conditions, tax laws, and your evolving retirement goals. This proactive monitoring helps ensure your retirement income remains on track throughout your journey.
Looking Ahead
More than just providing financial security, a well-designed withdrawal strategy can create the freedom to embrace retirement with confidence. Whether your goals include travel, family activities, philanthropic endeavors, or simply peace of mind, the right approach to retirement distributions can help make those dreams a reality.
Contact us today to schedule a complimentary retirement readiness review and discover how our research-driven approach to withdrawal strategies can help you do more with your retirement.