Retirement Planning
We’re changing the strategy of how things are done: with personalized planning for longevity, not just retirement.
Our Retirement Distribution Strategy goes beyond traditional retirement planning by focusing not only on accumulating wealth, but also on helping clients thoughtfully navigate how assets may be used throughout retirement.
Retirement Distribution Strategy (RDS)
A Smarter, More Confident Path to Retirement
At Destiny Wealth Partners, we know that planning for retirement can feel overwhelming. Concerns about outliving your savings, market volatility, and inflation can cloud your future vision. That’s why we developed our innovative Retirement Distribution Strategy (RDS), a modern and easy-to-understand approach designed to bring clarity, confidence, and control to your retirement years by building a strategy that helps you develop and distribute a regular cash flow throughout your retirement.
Personalized Projections, Realistic Results
Your retirement journey is unique. We begin by developing personalized retirement income projections based on conservative assumptions that include your retirement savings, outside savings, and anticipated social security income, to sett you on the path towards your retirement goals. By analyzing multiple scenarios in your retirement, we estimate potential retirement income outcomes to help you make informed decisions about how you wish to save for and live in retirement. Our Team continuously monitors your investments, tax projections, and risk management sources to provide ongoing updates, so you always know where you stand on the road to your goals.
Each year we will have open and honest conversations to help ensure you do not outlive your money. You will know if you are living within your retirement means, or if you can afford to spend more on travel, hobbies, grandchildren philanthropy or other areas of interest or passion.
What Makes Our Retirement Distribution Strategy (RDS) Different?
What Sets Our RDS Apart? Traditional retirement planning often relies on outdated rules. RDS blends the feedback you provide your advisor on your ideal retirement, coupled with our professional knowledge, experience, and statistical analysis to create your personalized Retirement Distribution Strategy. This method is ideal for individuals and families alike, providing a unique strategy to determine the optimal annual retirement cash flow distribution to support your retirement needs.
The Retirement Distribution Planning
As we work with clients to develop a personalized Retirement Distribution Strategy, we help address many of the common priorities individuals and families face when planning for, transitioning into, and navigating retirement.
- Create sustainable income strategies designed to support essential living expenses throughout retirement.
- Plan for discretionary income – Travel, new or second home, take-up new hobbies, and interests).
- Navigate inflation by incorporating strategies to address its long-term impact.
- Manage the impacts of market volatility and the risk of return sequencing.
- Optionally, if sufficient assets permit:
- Plan for college expenses (for grandchildren, etc.)
- Legacy and wealth transfer planning.
- Charitable and philanthropic planning.
The Retirement Pool Strategy: Structure for Every Stage
Once we have confirmed your ideal retirement, calculated the investment return and cashflow needed to fund your ideal retirement, we get to work deploying the investment portion of the RDS process.
Too often, people focus on retirement savings as a single, large pool ready to tap. However, the reality is that even though you’re retired, you still have quite a bit of time to deploy a thoughtful strategy to allow your money to keep growing while also ensuring you have access to retirement Income on day one of your retirement.
Our Retirement Distribution Strategy helps solve this dilemma, using a multi-pool retirement strategy.
This approach divides your assets into three distinct pools; each designed for a specific time horizon during your retirement. Like a fingerprint, no two individuals will have the exact pool or investment allocation, as these are personalized based on feedback you provide your advisor on your ideal retirement, our professional wealth management experience, and statistical analysis to create your personalized Retirement Distribution Strategy.
Retirement Pool 1
Purpose
Investment Approach
Benefit
By focusing on providing clarity and peace of mind regarding the first 10 years of retirement, you’re giving the rest of your portfolio 10+ years to continue to grow and navigate any short-term market corrections.
Retirement Pool 2
Purpose
Investment Approach
Benefit
Retirement Pool 3
Purpose
Investment Approach
Benefit
This allows you to continue to invest for growth to fund the last stage of your retirement years. Long-term assets have time to recover from volatility, helping your money last and providing reassurance for the future.
Summary
Categorizing different types of assets into separate pools helps provide both clarity and flexibility for retirees and pre-retiree investors. By placing more aggressive assets in the long-term pool (3) and keeping less risky investments in retirement pools (1) and (2), we can weather market fluctuations and continue to grow your retirement savings, even in retirement. Additionally, having the pools designated for specific time horizons increases flexibility, allowing you the option to avoid selling long-term investments during market downturns, as well as time to adjust to changing market conditions.
Liquidity for Near-Term Needs: By allocating Pool One to stable, liquid assets, the strategy seeks to provide liquidity for near-term spending needs while helping clients avoid unnecessary withdrawals from longer-term investments during periods of market volatility.
Supports Longevity: Long-term assets have time to recover from volatility, helping your money last and providing reassurance for the future.
Dynamic Rebalancing: As you spend from the short-term pool, we strategically refill it using income and gains from the other pools—guided by sophisticated software and expert advice, instilling confidence in our strategic approach.
Our Retirement Distribution Strategy helps retirees:
- Enjoy steady, reliable income throughout retirement
- Minimize the impact of market swings and inflation
- Make tax-smart withdrawals
- Feel confident that your money will last
Ready to Take the Next Step?
Let Destiny Wealth Partners guide you to and through retirement with a strategy that’s as unique as you are. Contact us today for a complimentary consultation and discover how our Retirement Distribution Strategy can help you achieve your goals with clarity and confidence.
Rankings and Awards
We are honored to have earned the recognition or acclaim of many of the leaders in our industry.