Enjoy smooth sailing in retirement with proper income planning.

Income planning for retirement can be a daunting task for many retirees because there is a lot to learn, and to many people a lot of the information is new. Whether you are just setting out on your retirement journey, or are already well on your way, you may be skeptical of whether you’ll have enough retirement income to sustain you throughout your retirement. At Neufeld Capital Management, we take your livelihood very seriously. Our ultimate goal is to provide you with a retirement that not only maintains a comfortable and enjoyable lifestyle, but relieves you of the burden of not knowing if your financial future is secured.

There are two major phases in the management of retirement income:

• The Accumulation Phase
• The Distribution Phase

To understand what steps to take at different milestones in your journey towards retirement may require a shift in mindset and a solid understanding of the difference between retirement savings and retirement income. Prior to retirement, your financial life was dictated by your paycheck. Once you retire, however, you can no longer rely on a paycheck, which means you will be left to find other sources of income. You’ve worked hard to save for retirement, and now the time has come to find the proper methods of turning your life savings into an income that will sustain you through retirement.

We will work with you to help you uncover the various opportunities and concerns of each phase. Additionally, we will walk you through the process of:

• Determining how much retirement income you will need
• Evaluating your future sources of income (Pensions, Social Security, etc.)
• Calculating your estimated future income vs. your future income need
• Developing a plan that will provide the income you need throughout retirement