Turning What You Saved Into Income You Can Count On
Retirement Income Strategies
The Question Nobody Prepared You For
Saving for retirement and living off those savings are two different problems. Matt Sevieri, FSCP, helps Treasure Valley families work through the second one.
For thirty or forty years the goal was straightforward. Contribute to the 401(k), let it grow, try not to look at it when the market drops.
Then you get close to retirement and the question changes completely. How much can I take out each month without running out? What happens if I live longer than I planned for? When should I file for Social Security, and what does that decision cost me if I get it wrong?
These are harder questions, and most people arrive at them without having spent much time thinking about them. That is where a conversation helps.
Where I Can Help
401(k) and Retirement Plan Rollovers When you leave a job or retire, the money in your employer plan does not have to stay there. We walk through what your options are, what each one means for your situation, and whether moving it makes sense for you at all.
Individual Retirement Accounts Setting up an IRA, or reviewing one you already have, so the account structure fits where you are headed rather than where you were twenty years ago.
Annuities and Lifetime Income This is the part I care most about. An annuity is a contract with an insurance company that can be structured to pay you income for a set period or for the rest of your life. It is not right for everyone, and it is not right for every dollar. But for the portion of your savings you want to convert into predictable monthly income, it is worth understanding how it works.
Social Security Timing When you file matters. Filing early, at full retirement age, or waiting until seventy produces very different lifetime results, and the right answer depends on your health, your spouse, your other income, and your plans. I can help you think through the tradeoffs so the decision is a considered one.
Life Insurance Still very much part of what we do. Life insurance often plays a role in retirement planning, whether that is protecting a spouse's income, covering final expenses, or leaving something behind on purpose rather than by accident.
What FSCP Means
The Financial Services Certified Professional designation is awarded by The American College of Financial Services, a nonprofit institution that has educated financial services professionals since 1927. Earning it requires completing a structured curriculum, passing proctored exams, meeting an ethics requirement, and completing thirty hours of continuing education every two years to keep it current.
In plain terms, it means the person across the table has done the coursework and keeps doing it.
