Managing Retirement Income for the Mid-Market

Seibert, Kevin S.; Meredith, Betty
August 2010
Journal of Financial Planning;Aug2010, Vol. 23 Issue 8, p32
Academic Journal
The article focuses on the retirement income management for middle mass and middle affluent clients. The six-step financial planning process for managing retirement income is discussed which includes estimating the duration of retirement assets, identifying and managing retirement risks, identifying distribution, tax and estate issues and opportunities, identifying options for addressing gaps, converting resources into income, and maintaining and updating the plan. It is concluded that retirement income management procedure for the mid-market requires going beyond systematic withdrawal plans and managing assets.


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