Retirement Income Models

Retirement income models are tools used to plan how much money you'll need and how to generate reliable income during retirement. They analyze various sources like savings, pensions, Social Security, and investments to ensure your money lasts throughout your retirement years. These models help you determine the best way to withdraw funds, manage risks, and adjust for inflation, aiming to balance growth and safety. Essentially, they’re strategic plans designed to secure your financial well-being after you stop working.