In Retirement Planning

Retirement Planning - Merkel Damer Financial Strategies Group of Wells Fargo Adivsors

There are four risks embedded in every retirement income plan that could lead to the disastrous result of a client lacking the income needed in later years of retirement. The risks apply to every individual regardless of financial status.







These Include:

  • Longevity Risk (living beyond expectations)
  • Excess Withdrawal Risk (also called portfolio failure risk)

  • Inflation Risk (also called purchasing power risk)

  • Time Risk (also called point-in-time risk)


The following can have an impact on the success of your plan:

  • Social Security Benefits

  • Medicare

  • Pension

  • VA Benefits

  • Elder Care


This is why we insist on annually updating your Envision® plan to incorporate life changes.