Americans seeking to optimize income in retirement could benefit from a strategic approach to planning that considers guaranteed income products, optimal asset allocation and even delaying retirement and Social Security benefits, according to a white paper released recently by BlackRock.
While investors with access to a retirement plan are frequently encouraged to save, the paper, Paving the Way to Optimized Retirement Income, “emphasizes the importance of decumulation and the challenges investors face when it comes to creating a spending plan in retirement,” said Kate Tax, a researcher in Retirement Solutions at Blackrock.
Blackrock used its proprietary life modeling program to run […]
Full Post at www.fa-mag.com