Wondering how you can make your money work for you in retirement? Assets walks you through various retirement income strategies, with advice for how to secure a comfortable future.
Retirement may seem like it's still a long way away - but it's never too early to start planning for a comfortable future!
If you're unsure of how you can set up a regular income stream during the latter part of your life, the team of financial experts at Assets can help.
Their retirement planning guide covers several retirement strategies, including income-producing equities, non-traded and publicly-traded real estate investment trusts (REITs), and stocks.
Check it out at https://assets.net/strategies-to-generate-retirement-income-and-secure-your-future
If you're smart, you're already looking ahead to the golden years, and so you've probably heard about common tools like 401(k) plans and individual retirement accounts (IRAs). The Assets guide goes a step further and focuses on lesser-known techniques for income generation, such as real estate investment trusts (REITs).
Recent data from the National Institute on Retirement Security shows that many American households are behind on retirement savings and do not have a clear financial planning strategy in place, especially when it comes to sources of income once a person's career has come to an end. The guide from Assets delves into some of the ways you can enjoy a regular payout - even if you've stopped working - while continuing to move towards your savings goals. “Retirement planning is essential to building financial security and ensuring a comfortable lifestyle during your golden years,” says a company representative. “Yet if you’re like many people, the prospect of retirement can seem daunting - and it’s easy to start procrastinating. It’s important to set up a retirement strategy now so you can be financially relaxed later.”
The first section of the guide to retirement income planning examines income annuities, or contracts that are established between you and an insurance provider, where you invest a lump sum payment and your money is then returned to you through regular periodic payments.
Alongside different types of fixed and immediate annuities, the Assets team also covers a total return investment approach, in which a combination of capital gains, dividends, and interest from your portfolio creates a steady income stream.
You'll also learn about publicly-traded and non-traded real estate investment trusts (REITs), as the guide explains how real estate purchases and rentals can function as a reliable investment while delivering regular returns to you during retirement.
If you're interested in stock market trading, the Assets financial advisors discuss income-producing equities, which often pay out dividends that add revenue sources to your financial portfolio.
Start putting together your comprehensive retirement income strategy today with Assets!
Learn more at https://assets.net
