Guaranteed Income in Retirement
According to a recent BlackRock survey, 99% of people think that having guaranteed income in retirement would help them financially. And we agree! Knowing that you have a guaranteed income source for life can be a huge benefit to retirees.
But folks should know what they are signing up for. As Casey explains in this week's video, there's no "free lunch" on Wall Street. Locking in a guaranteed income usually means you no longer have the ability to grow that income source.
The main problem with guaranteed income is that we know things are going to cost more in the future. $100 today isn't the same as $100 10 years from now. Inflation is a fact.
So how will that fixed income affect your numbers down the road as inflation increases future costs?
Tune in to this week's video to learn more about guaranteed income in retirement!
#retirement #retirementplanning #income
0:30 - Blackrock Read on Retirement Survey
1:14 - Guaranteed income in retirement
1:42 - Risk vs. reward
2:33 - Inflation eats away
3:22 - Offsetting inflation
Links
https://www.blackrock.com/us/individu...
Mullooly Asset Management is a fee-only investment advisory firm located in Monmouth County, NJ. We work to educate our clients regarding managing the risk in their investments. We act in a fiduciary capacity with our clients at all times.
Our family of investments advisors (Tom, and his three sons - Brendan, Tim and Casey) are all CFP® Professionals.
To our knowledge, WE ARE THE ONLY FAMILY firm - in the nation - with four fiduciary, fee-only investment advisors who all have earned CERTIFIED FINANCIAL PLANNER™ certification.
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Mullooly Asset Management, Inc.
1971 State Route 34
Wall Township, New Jersey 07719
Phone: 732-223-9000
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None of the content on our videos, podcasts, website or social media should ever be considered to be investment advice, financial planning advice or a recommendation to buy or sell investments. Nor should our content be considered research. Please our website for complete details.
This video is not a recommendation to buy or sell any of the investments mentioned. None of the securities mentioned in this video represent past specific recommendations of Mullooly Asset Management.
We rely on fundamental and technical analysis. Neither fundamental or technical analysis can predict the future, both methods have flaws. Past performance is no guarantee of future outcomes. Any Point & Figure charts used have been provided by our good friends at Dorsey Wright & Associates
