My Retirement Income Options

Identifying Retirement Income Options

Retire On Track LLC.


When you start looking at saving for and investing in your retirement, one thing that you might want to do is to start a list and title it "my retirement income options." You'll find that, when you are able to take a closer look at all of your retirement income options, it will be far easier to identify which are the most practical, feasible and likely to help you reach the retirement goals that you have set for your self.

A typical "my retirement income options" list might look a little bit like this:

  • Live off of my retirement savings;

  • Downsize my home so that I can use my home equity for retirement income;

  • Change the payout structure of my annuity accounts so that I have more retirement income available now;

  • Start making a few higher risk investments in hopes that they will pay off and increase my retirement income.

While each of these retirement income options can help you to have access to more of the money that will be available to you once you have retired, what you just might find is that one of the best retirement income options that you have is to not wait until you have retired to look at the best way of stretching your money; the key is to take a closer look not only at your savings accounts and investments as well as to get a better sense of the ways in which you are saving and investing.

With the free retirement calculator that you can download at the bottom of this page, you will find that you are able to enter simple information about your savings accounts and investments - regardless of whether you have individual retirement accounts, 401ks, a stock portfolio, annuity accounts and money market accounts or any other retirement savings and investments - to see where you stand. With it, you will be able to look at the way your retirement income options will increase if you move your money into a different savings account or if you make changes to your investment strategy.

More importantly, because your contact information will be forwarded to a financial advisor in your area when you download the free retirement calculator, you will also be able to discuss your retirement income options with a professional. You will have the chance to ask questions, to get answers and to get the advice that you need to determine the best plan for creating the retirement income that you need.

No one should have to sell their home when they retire, unless it is something that they want to do. No one should have to give up on his or her dreams of retirement travel and time with family and friends simply because retirement income options just aren't there. It's easy to plan for, save for and invest in your retirement and to make sure that everything is in order - provided you have the right tools. See for yourself: click to download the free retirement calculator and get started with discovering all of your retirement income options.