Noted author William A. Ward once said, "There are four steps to achievement: Plan purposefully. Prepare prayerfully. Proceed positively. Pursue persistently."
When it comes to planning for retirement income, Ward's words of wisdom speak volumes.
The purpose of planning is to not outlive your retirement income so you can live comfortably in retirement. Being prepared means having a tactical plan in place that will ensure you have the income you need in retirement. Being positive is key as you approach retirement. Panicking over short-term market volatility can lead to losing perspective. Our goal is to provide retirement income without having to liquidate volatile assets at an inappropriate time. And finally, being persistent is vital. You know the purpose and have a plan in place. Keeping your sights set on the big picture goal is imperative.
There are four vital aspects of Retirement Income Planning that the professionals of CJM Wealth Advisers, Ltd. will manage for you: