Casey Ryan,
Vice President, Senior Portfolio Manager

Transitioning to Retirement

Heading into retirement tends to be a stressful and often nervewracking time.  It need not be if the retiree has done a good job saving.  Howe & Rusling portfolio managers have a great deal of experience working with clients in reviewing their asset allocations and determining appropriate withdrawal rates based on clients’ various income sources. Another typical discussion topic is when to file for Social Security and how required minimum distributions work. Additionally, we work with clients to consolidate miscellaneous accounts in order to make their financial lives simpler in retirement.

  • If married, discuss key retirement goals/priorities. 
  • Plan for at least a 30 year retirement.
  • Decide when to retire.
  • Use an expense worksheet and start allocation of discretionary and non-discretionary expenses.
  • Consider (with financial professional) reasonable withdrawal rate from portfolio.
       - Taxes (on withdrawals)
       - Social Security (taxes)
  • Discuss sources of income (Social Security, portfolio, pension, part-time work, etc.).

Want to learn more? 
Contact a Howe & Rusling Portfolio Manager

Or email Howe & Rusling 

During the Transition Phase, we recommend a balanced portfolio of Equities and Fixed Income for most individuals

Make sure you are planning your retirement income realisticly:

See why you can't withdraw 10% of your portfolio every year.