In creating an income stream to support retirement, it is crucial to understand the balance between preserving principal, generating income, and producing opportunities for growth. A common concern among retirees is the possibility of outliving their income and depleting their savings. Before starting a distribution plan, it is critical to consult a financial professional who is an expert in creating income streams and preserving principal.
It is also important for clients to understand the impact of applying for Social Security benefits early versus waiting until full retirement age. At Wisdom Wealth Strategies, we help our clients determine the most advantageous strategy for their individual situation.
Securities offered through Cadaret, Grant & Co., Inc., member FINRA / SIPC
Wisdom Wealth Strategies and Cadaret, Grant are separate entities.
Representatives are licensed to offer securities in the following states: California, Colorado, Minnesota, Nevada,
New Mexico, Oregon, Texas, and Wyoming. Additional states may be added.