Retirement Income Planning During your working years, you've probably set aside funds in retirement accounts such as IRAs, 401(k)s, or other workplace savings plans, as well as in taxable accounts. Your challenge during retirement is to convert those savings into an ongoing, durable income stream that will provide income throughout your retirement years.Pension MaximizationFor those fortunate to still have a pension, pension maximization can be crucial. A major retirement decision is whether one should to take a single life or a joint and survivor income. Through proper planning and some know-how you can be on your way to securing the finances needed for you and your spouse.Consider your unique case and options. Although the concept of pension maximization is fairly simple, determining whether it is a good fit for your pension scenario can be a complicated endeavor. Social Security MaximizationThe Social Security calculator on the government’s website doesn't analyze a variety of options and show you what claiming choices give you more money. If you look at the Social Security Handbook describing all the provisions about Social Security benefits, it has over 2,727 rules written in a language that nobody can understand. Furthermore, there’s a set of rules to explain those rules, called the Program Manual Operating System. In the PMOS, there are approximately 100,000 rules to execute the 2727 rules. Considering you only get to retire once, we make Social Security maximization a cornerstone of your financial plan.To find out more about our Retirement Income Planning services, please click here to contact us.