How Much of Your Retirement Income is Unprotected?

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1. Living a Long Life:

The longer you live, the more money you need. The more money you need, the more likely you are to run out.

Solution: Generate a strategy that will produce lifetime income to help reduce the likelihood of running out of money.

2. Inflation:

Your buying power will decrease even if your portfolio remains static.

Solution: Distinguish between capital preservation and purchasing power preservation and then develop a plan that helps maintain a comfortable standard of living.

3. Taxes:

When should you pay taxes? Which account will allow you to withdraw the most dollars with the least tax burden.

Solution: Understand what makes the most sense in your unique situation to minimize your tax liability now and in the future.

4. Medical Costs:

Healthcare costs are on the rise.

Solution: Protect against higher than anticipated healthcare costs by transferring the risk to someone else.

5. Market Volatility:

Taking withdrawals in a volatile market can put a strain on a portfolio.

Solution: Construct a defensive portfolio that aligns with your withdrawal strategy.

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Call 800-860-1060 to Speak With a Financial Advisor Now

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www.hummelfinancialadvisors.com

Registered Representatives offer Securities through The O.N. Equity Sales Company, Member FINRA/SIPC, 4585 State Route 39 PO Box 250 Berlin, OH 44610 (330) 893-2600. Investment Advisory services offered through Hummel Wealth Management, LLC and O.N. Investment Management Company. Hummel Wealth Management, LLC is not affiliated with The O.N. Equity Sales Company or O.N. Investment Management Company.