Five ways to boost retirement income
Managing a comfortable retirement for your clients is all about getting the most out of whatever portfolio has been built up to that point. That is why a diverse collection of safe, income-producing strategies is
so important.
As witnessed over the past few years, markets move in cycles, which means that even in retirement, there can be opportunities for capital appreciation in addition to income yield. And the best way to ensure enough flexibility to move in and out of riskier assets and strategies is to establish a steady and predictable income stream that will enable clients to ride out a stretch of lean years.
The following are some examples of strategies that can provide the kind of stable income that appeals to retirement-age investors.