Call Us 888-649-6556 | 480-522-1077
FacebookTwitter
Account Log-In
FMT AdvisoryFMT Advisory
FMT Advisory
Future Money Trends Advisory

Money Management for the New Economy

  • Invest with Us
  • Strategies
  • Holdings
  • Insights
  • Contact Us
  • Subscribe
Menu back  

Diversifying your Retirement Income

Creating Wealth Digest
Diversifying your Retirement Income | FMT Advisory Portfolio Wealth

No one knows what the future might hold. That is why the diversification of retirement income is so incredibly important. A properly managed investment portfolio is the most critical cornerstone to retirement income, but other sources of income can additionally help you meet your retirement goals. Here are a few types of common retirement income that are often utilized together to create a complete retirement picture.

Fixed Income and Variable Annuities

Following a fixed investment amount, fixed-income annuities offer a certain amount of money for the rest of your life or a prearranged amount of time. Variable annuities, on the other hand, offer payments based on the fluctuations of value of the annuity.

In general, a fixed-income annuity is considered to be a lower risk, more stable investment, while variable annuities may be more volatile but can also potentially pay out more.

Social Security Payments

Individuals can file for Social Security if they qualify — or may request spousal Social Security if their spouse is already collecting payments. Social Security payments can be sizeable depending on the individual and the amount they have paid into Social Security over time. Nevertheless, they should not be relied upon to fund a majority or even a significant amount of an individual’s retirement account, as it is not guaranteed, especially for those who are a long time away from retirement.

Investment Portfolio Withdrawals

Structured withdrawals from an investment portfolio — especially a dividend-heavy portfolio — can be taken while still maintaining the portfolio’s ability to grow. However, it is a balancing act; the more that is withdrawn from the investment portfolio, the less the portfolio will gain. For this reason, many individuals choose only to withdraw from their portfolio the amount that it gains each year, leaving a set amount to continue its growth.

Of course, many individuals also have unique forms of retirement income, such as rental income on owned properties. If you want to learn more about diversification and your retirement portfolio, Contact Us at FMT Advisory today. We have personal finance and investment strategy experts standing by to offer you a personalized consultation.
DiversificationfinancialFMT AdvisoryinvestmentInvestment PortfolioInvestment StrategyPersonal FinanceSocial Security
Related posts
This Could Yield Life-Changing Gains
May 30, 2019
You Should Be Doing This!
April 15, 2019
When the Love is There
February 11, 2019
Attach Yourself to Real Winners
July 24, 2018
A Diamond in the Rough
June 20, 2018
Grow with the Wise Man
Grow with the Wise Man
January 16, 2018
Call Us

480-522-1077

888-649-6556

FMT Advisory
FMT Investment Advisory is a registered investment adviser that maintains a principal place of business in the State of Arizona. The Firm may only transact business in those states in which it is registered or qualifies for a corresponding exemption from such requirements.
  • About Us
  • Disclaimer
  • Contact Us
Bottom Menu FMTAdvisory