Matthew D. Yokie
President & Founder
"We help people just like you to gain
clarity and piece of mind in a world of
increasing financial complexity. As your
personal CFO, we build your financial
strength by... read more
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Contact Information
Provident Retirement Advisors
Client Meeting Location:
3107 E Corporate Edge Dr.
Germantown, TN 38138
901-853-5507
Office Mailing Address:
10928 E Shelby Dr.
Collierville, TN 38017
Retirement Income and Cash Flow Management
Income Planning
One of the common pitfalls of retirees is not having a solid reliable income plan for retirement. It seems simple... Take your monthly expenses minus your income from your pension, social security and other income. Take whatever is still lacking and withdraw it from your retirement savings. This is not income planning. This approach lacks the details needed to secure a lifetime of needed income. In this survival type scenario, the devil really is in the details. The solution is to secure a plan that identifies the pitfalls within the details and mitigates them accordingly over your lifetime.
Ask yourself? What do you do when your accounts are down? What do you do when you need more than what your investments are earning? Are you working only with qualified or IRA dollars, and how will these withdrawals affect your taxes? Which account should you access first for your income needs? What happens to your income if your spouse passes away? What happens if part of your social security income is no longer available? Do you have a “back-up plan?”
Don’t be fooled into thinking an income plan for retirement is a matter of simple math. Looking at the variables of inflation, taxes, investment choices and developing a solid reliable income plan for retirement is what Provident Retirement Advisors specializes in.
To learn more about our income planning services or to schedule a complimentary consultation, please Contact us or call us today at 901-853-5507.
How is your monthly budget? We can help.
Click here to download our Budget Worksheet.
Investment Advisory Services offered through Brookstone Capital Management, LLC (BCM), a SEC Registered Investment Advisor. BCM and (Provident Retirement Advisors) are independent of each other. Insurance Products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives. Information provided is not intended as tax or legal advice, and should not be relied on as such. You are encouraged to seek tax or legal advice from an independent professional. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims-paying ability of the issuing company and are not offered by Brookstone Capital Management.