Terry shared: “If you work for the government or some private employers such as Kaiser Permanente, you may not have a pension. If not, you may benefit from creating a pension yourself to benefit you and your spouse. So the first step is let’s secure that base level of income that you cannot outlive. And we can do that through portfolio design or through private pensions that can be very powerful to help make sure a client cannot outlive their money. So that is the first step…let’s lock in the basics; lock in your future income so you can enjoy the retirement you worked so hard for without the fear of outliving your money.“
Identifying and closing retirement income gaps is a critical component of retirement financial planning. By thoroughly understanding their income needs, evaluating available sources, and implementing effective strategies, retirees can secure a stable financial future. As highlighted in the discussion between Mike Saunders and Terry Wheeler, the journey to a fulfilling retirement involves not only planning for wealth accumulation but also ensuring it translates into sustainable cash flow that supports a desired lifestyle. With careful planning and proactive management, retirees can confidently navigate their financial futures and enjoy the retirement they envision.
About Terry Wheeler
WE Alliance Wealth Advisors and Strategic Wealth Legal Advisors are both founded on the belief that an integrated Family Office style approach to wealth planning is the best way to protect and maximize the wealth client families work so hard to accumulate. Combine powerful proactive tax strategies, a powerful system of investing called Defined Outcome Investing, and a Family Centered approach to estate planning to deliver uncommon results while reducing risk for each client family. Founder Terry Wheeler’s book “Laugh When the Market Crashes” is a must read book outlining this investment approach.
The firm and its founder traces its roots back over 35 years with its origins beginning at Dean Witter Reynolds. In the 1990s the founder added a law degree focused on tax and estate planning advocacy. The integrated wealth, tax, and estate planning approach now truly sets them apart in a crowded financial planning space.
Learn more:
- WE Alliance Wealth Advisors: http://www.weriaadvisors.com
- Strategic Wealth Legal Advisors: http://www.strategicwealthlegal.com
- SWAG Consulting Services: http://www.swagconsultingservices.com
- Laugh When the Market Crashes: http://www.laughwhenthemarketcrashes.com
Any opinions, projections, or forward-looking statements expressed herein are solely those of the author, may differ from the views or opinions expressed by WE Alliance Wealth Advisors, and are only for general informational purposes as of the date indicated.
All investments involve risk; please consult with a financial advisor prior to investing.
Recent News & Interviews:
- Terry Wheeler discussed TThe Investment Blind Spot
- Terry Wheeler discussed Tax Blind Spot https://authoritypresswire.com/terry-wheeler-founder-ceo-we-alliance-wealth-advisors-and-strategic-wealth-legal-advisors-interviewed-on-influential-entrepreneurs-podcast-to-discuss-tax-blind-spot/
- Terry Wheeler discussed Estate Planning Blind Spot https://authoritypresswire.com/terry-wheeler-founder-ceo-we-alliance-wealth-advisors-strategic-wealth-legal-advisors-interviewed-on-podcast-discuss-estate-planning-blind-spot/
