In my case, I felt $125/hr was reasonable for expert help. or several thousands of dollars for a plan, (I am opposed to an AUM based plan). Before I found the Income Strategy website, I had considered using other financial planners who either charge up to $450/hr.

If you’d like to get additional help with your plan, it’s available for $125/hour.

Continuing the subscription allows your details to be constantly updated, if you’ve linked your accounts with the software. Subscription can be terminated at any time, so for $20, you can come up with some pretty sophisticated retirement drawdown plans. Changing/revising inputted info will generate new details of the different strategies. It is up to you to choose which strategy suits your needs best. I must say that this strategy appears to be a bit painful in the beginning due to a higher tax bracket than other strategies however, by doing so, it lowers the tax brackets for later remaining years of the plan which results with less overall taxes paid.Īgain, there are several strategies generated from the info inputted. This would eliminate RMD’s from the picture.Īt age 70 and beyond, I would start living off of SS & PBGC pension with the previously converted tax-free Roth funds not needed. My wife, who is already retired and a year younger, would convert her IRA to Roth in year six of my retirement. The process for me involves using my first five years of retirement, (ages 65-69) to live off of and convert all of my tax-deferred accounts to Roth IRA. In my case, I liked the recommended strategy with the idea of having the highest account balance at the end for my heirs. Plan details of the different strategies can be reviewed and you can decide which plan works best for you. The recommended strategy is the one which is the most tax-efficient allowing for the highest account balance at the end period of your planned lifespan. Since there was no feedback from my original post on this and since Fidelity, (holder of all of our tax deferred funds), has told me that their retirement drawdown analysis planning is no longer a service they provide, I decided to try the $20/month subscription service.Īfter inputting personal information, several strategies are generated.

Has anyone used stickiessync