Create a Strategy for Reliable, Sustainable Income

You Shouldn’t Have to Tolerate Living Paycheck to Paycheck or Fear Your Financial Future—Let Morgan Money Management Help with Income Planning

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What is Income Planning?

Income planning by a financial advisor involves developing strategies to generate a reliable and sustainable stream of income to meet an individual or couple’s needs during retirement or other stages of life when they are unable to rely on earned income. With a professionally developed income plan, you won’t have to worry about running out of savings.

At Morgan Money Management, we have a unique approach to income planning. We will:

Assess Your Income Needs: We’ll examine your projected income needs during retirement and consider factors such as your desired lifestyle, expenses, healthcare costs, inflation, and financial obligations.
Evaluate Income Sources: Your advisor will assess your income sources, including social security benefits, retirement accounts, pensions, investments, rental income, royalties, and income from part-time or full-time employment.

Create an Income Plan: We’ll customize an income plan that outlines how you’ll generate a dependable stream of income to cover expenses during retirement. This may include setting withdrawal strategies, establishing a withdrawal rate, generating guaranteed income, and adjusting for inflation—all while considering tax implications.
Monitor & Adjust: Your advisor will regularly monitor your income plan and make adjustments as needed based on changes in your financial situation, market conditions, and goals. This may involve rebalancing your investment portfolio, adjusting withdrawal rates, or implementing revised tax-saving strategies.

In short, our job is to make sure you have a strategy that provides a reliable stream of income—and we’ll review that strategy on a regular basis to ensure it’s performing at an optimal level. That’s the kind of service you’ll receive from your independent fiduciary financial advisor at Morgan Money Management.

Isn’t it time to start making your income plan?

Book A Consultation

Income Planning—and Much More—at Morgan Money Management

Targeted, tailored income planning that you can rely on is just one of the services offered by Morgan Money Management. Other in-demand financial services include:

Create a Strategy for Reliable, Sustainable Income

You Shouldn’t Have to Tolerate Living Paycheck to Paycheck or Fear Your Financial Future—Let Morgan Money Management Help with Income Planning

What is Income Planning?

At Morgan Money Management, we have a unique approach to income planning. We will:

Income Planning—and Much More—at Morgan Money Management

Stocks & Bond Portfolios

Retirement Plans

Investment Management