Reaching the Summit is Only Half the Journey

Most retirement plans focus on the climb up. We focus on getting you back down safely.

You have spent your working years in the accumulation phase, climbing toward your goal. But as you enter the distribution phase, new obstacles can create a gap between the life you planned and the reality of retirement risks and rising costs. Our mission is to help you bridge that gap before the descent begins.


Strategies for Business Owners

Increase & Keep Retirement Income & Protect Your Business

Retirement Income Strategies specializes in working with business owners to help them maximize their eventual retirement incomes efficiently and safely thru both business and personal strategies, recruit and retain top executive talent, and continue and transfer their businesses as they would desire.

We accomplish this through Non-Qualified and Qualified plans, personal planning software from Wealth Building Cornerstones enabling us to combine the two economic powers, and assistance with business continuation and transference.

Accompanying this mission is our _____ to enhance the protection and retirement incomes of the company’s executives using these same tools.

What We Can Do For You:

Increase your eventual retirement income by 30% to 70% or more, with no additional capital outlay required from your current retirement savings contributions, and with greater safety.

Help you recruit and retain your key executive talent.

Provide protection from a catastrophic long-term care event.Take steps to ensure that your business will continue to run smoothly if you were to lose a business partner, get divorced, or even worse, become disabled and die.

Assist you in carefully crafting a business transition plan that can help you meet your retirement goals and successfully transfer your business.

Give you a feeling of satisfaction iand pride n knowing you are providing protection and. ____ for your key executives and their families.

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Non-Qualified Plans

For those fortunate enough to be an executive or owner of a business, taking advantage of a non-qualified plan such as a Sec.162 Executive Bonus or Split Dollar Plan should  be considered.

The executive receives a wonderful supplemental retirement plan and death benefit, and the owner has the option to assist with retention by placing some “golden handcuffs” on these benefits should they desire.

The owner can receive the same benefits but also receives significant tax advantages as well. This benefit also helps a company recruit and reward top talent.

In addition, we can also assist owners and executives in maximizing their retirement incomes on a personal level. 

(Visit Retirement Income tab)

 

Personal Retirement Planning

RIS assists individuals and couples develop strategies that will potentially increase their eventual retirement income by 30% to 70% or more (younger ages have a higher percentage) with no additional capital outlay and with decreased risk.

If this were possible in your situation, wouldn’t it make sense to consider what we might be able to do for you?

Once a determination has been made as to the desired future retirement income and liquidity levels, as well as how much to leave the heirs and charity, we help you to reach these objectives more efficiently. (Visit Two Economic Powers tab) 

To go more in-depth concerning this strategy we would strongly encourage you to go to the Retirement Income tab and click the More Information button to gain access to the paper by Dr. Wade Pfau, “Optimizing Retirement Income by Combining Actuarial Science and Investments, as well as the presentation on the “More Information” tab to the right.

At retirement, creating income is much more important than your asset level. Since you are no longer in your Accumulation phase at retirement, but instead, are in the Distribution phase, this requires a completely different set of strategies designed to create income.

Software

The use of advanced technology is very important in determining the most efficient strategy that will maximize results. We use a software platform designed by Wealth Building Cornerstones (WBC) to do this.

The WBC platform enables clients to utilize the Two Economic Powers® approach in personal planning. 

This approach identifies and incorporates the foundational powers of personal finance that were always meant to work together in proper balance for efficient accumulation and distribution of money. (Review the research paper under “More Information” on the Retirement Income tab)

Derailing a Plan

What is the one thing that can derail even the best retirement income plan? A catastrophic long-term care event (Alzheimer’s, Stroke, Parkinson’s etc.) requiring assistance in the home or a nursing facility for a number of years.

Through experience we know that long-term care planning has been neglected by the majority of people. This is a risk that should not be taken lightly as it can quickly devastate a portfolio and the net worth of any family.

At RIS we are pleased to offer solutions to this problem. To learn more, please visit the LTC Problem, Solutions, Women, and Concierge tabs.

Qualified Plans

 

Thank you for taking the time to review our site. We look forward to working with you.

Nick Chambers, CFP®