NextPhase: A Livable Lifetime Income Plan

More and more people need to rely on themselves for income during their retirement.

People ready to retire and begin a new phase of their life are facing income and benefit uncertainties. More than ever, people are faced with generating retirement income from their own investments. As a result, NextPhase was born.

NextPhase is an Income for Life strategy for providing inflation-adjusted lifetime income. It’s designed for retirees who want consistent high income from their investments and still provide opportunities for growth. Simply put, NextPhase is a livable lifetime income plan.

NextPhase is a customized Retirement Income Plan with the goal of providing:

  • A true retirement income plan designed to last your lifetime.
  • Confidence and peace of mind by having a structured retirement plan in place.
  • Freedom to spend retirement money as desired.
  • Reduce uncertainty regarding the amount and regularity of retirement income.
  • Growth to ensure inflation doesn’t reduce purchasing power during retirement.
  • Opportunity to plan a legacy for heirs or charitable good works.

NextPhase Retirement Income Strategy is an investment strategy with the objective of providing inflation-adjusted income for life. The strategy allocates assets in a manner placing a heavy emphasis on guaranteed streams of income that continue over long periods of time.

The average life expectancy in the U.S. is 79 years of age. Thus, people enjoy longer lives.

Male Age 65

50% Chance of Living to: 85Years
50% Chance of Living to: 92Years

Female Age 65

50% Chance of Living to: 88Years
50% Chance of Living to: 94Years

Couple Age 65

50% Chance of Living to: 92Years
50% Chance of Living to: 97Years

With improvements in healthcare, diet and exercise habits, Americans are generally living longer lives. This results in many retirees facing the challenge of outliving their retirement assets. Knowing if you have enough money to retire, and then planning to make your savings last as long as you need, is the focus of NextPhase – Retirement Income Solutions. This time-segmented, inflation-adjusted strategy can help answer the key question: “Do I have enough money to last my lifetime?”

The money you have saved for retirement is divided up into different investment strategies. Each investment strategy is designed to cover a time segment in your life. The first investment strategy is for the first 5 years of retirement or whenever you start taking income from your investments.

Then the rest of your assets are divided up to take care of your income needs for future years. There is a 2nd investment strategy for your income needs through years 5-10, a 3rd investment strategy for years 10-15, etc.

Usually your investments are divided up into 6 different investment strategies that provide raising income to keep up with inflation. NextPhase is a flexible customized structured plan that is easy to follow and can give you real livable income to enjoy.

Contact us to learn more about the details of NextPhase and ask for our Free Retirement Assessment.

What would you do with another $500 per month in income? How about $1,000 or $2,000 extra per month? Would you travel more, get a new car, make improvements to your home, buy season tickets or maybe use the extra money to spoil your grandchildren?

The old saying is true; Money doesn’t buy happiness. Yet money allows you to experience more out of life, from traveling to foreign lands to pursuing the hobbies and interests that make you happy. A NextPhase Retirement Plan can provide the extra income you need to make your retirement life without limits.

Did you ever ask yourself…

  • How long will i have to work? Will I ever be able to retire?
  • How much money will I need each month in retirement?
  • Will I run out of money in my retirement?

Kline’s Investment Services can help you answer these questions and others to help you feel confident and secure in your retirement strategy. Contact us today to discuss how we can help you address specific retirement questions.