Skyline Club - Southfield
How to Create a Rising Income Stream[ X ]
How to Create a Rising Income Stream
12:00 p.m. – 1:30 p.m.
Hosted by Howard Stoller and Christopher Burke, Merrill Lynch
In retirement, many people rely on investment income to support their lifestyle. However, bank deposits pay a low rate of interest and bonds have a fixed "coupon" for the life of the bond. Income needs will increase to offset inflation and people typically reduce their risk tolerance as their approach retirement. In this seminar, we describe conservative strategies for building a lifetime income stream that will increase over time. The strategies can be implemented at retirement, but to reach their full potential they can be implemented as early as 15 – 20 years before retirement.