Investing for Income
Our clients understand that individual fixed-income investments can provide a reduction in risk, costs, and tax implications when compared to bond mutual funds. That’s why our advisors take the time to create customized portfolios of individual, income-generating investments tailored to our client’s needs.
Shifting your investment focus from growth to income in the years just before retirement makes sense for most. But how do you know if an income strategy is right for you?
Let’s start with the basics. Fixed-income investment strategies are designed to help you achieve two objectives that become increasingly important as you near retirement: asset preservation and dependable income.
A recent survey by the Teachers Insurance and Annuity Association found there are three common themes most Americans are looking for in retirement:
- Freedom from financial worries
- Flexibility with their lives and their finances
- To spend time with family, relax, and travel
Chances are good that these themes might match up well with what you want from your retirement. Once most people think about it, they realize they’re investing with the goal of having the financial resources to be able to travel, relax, and spend time with friends and family in retirement. They also quickly come to understand the benefit of owning investments that can help to generate ongoing income they can count on throughout retirement.
Give our office a call today to schedule a complimentary consultation, so we can help to determine if the time is right to make the switch to investing for income.