Advisors with any substantial experience working with clients will know that managing income and spending in retirement can be a big challenge from both an analytical and behavioral perspective. For that reason, the “decumulation phase” represents one of the biggest opportunities for financial professionals who want to deliver exceptional value to their clients. With the right set of planning tools and practical knowledge, skilled financial advisors can help clients craft an income plan that allows them to achieve their lifestyle goals while also having peace of mind about what the future may bring.
