Jeremy Louder on the Cost of Generating Retirement Income

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(Newswire.net — September 12, 2017) Dallas, Texas — Many would-be retirees have worked long careers and saved for the future. Smart investments and planning help those people live comfortably when they finally retire. Unfortunately, turning retirement savings into retirement income is part of the planning process that too few retirees understand. Jeremy Louder, an investment expert, knows that there can be substantial costs associated with generating retirement income. “Diversifying one’s retirement portfolio and having an efficient mix of accounts and investments is the best way of ensuring a stable financial future,” says Jeremy, who has over 25 years of experience in the financial field. “A financial professional can help people make wise investment choices and to convert their wealth into income after retirement.” To learn more about Jeremy, listen to this podcast https://soundcloud.com/contrary-investing/interview-with-jeremy-louder-founder-of-quadwealth.

Assessing income needs after retirement is the first step in planning. For example, if a retiree needs $1000 of supplemental income each month from his or her investments, and his or her portfolio is worth $500,000, differing income goals mean different asset allocations. To generate a 5% return, an investment of $240,000 is sufficient to reach income goals. For a 3% return, $400,000 or more may need to be invested to reach the targeted goal. The more money is needed to invest for hitting supplemental retirement income goals, the less money is available for other retirement goals or additional opportunities for asset growth. “Tying up a bunch of assets in a low-yield portfolio impacts a person’s ability to achieve financial stability,” adds Jeremy.

Diversifying retirement assets into multiple accounts provides more stability, especially with the natural fluctuations of the financial markets. Owning assets across accounts like real estate, stocks and bonds, mutual funds, and retirement plans like IRAs or 401(k) plans assists in weathering any market downturns while providing interest income. However, many retirement planners suggest an even better method: variable annuities. Retirement plans that include variable annuities may offer an ideal solution for retirees who want to generate income while keeping assets free for other projects. Annuities provide a lifetime income, giving account holders the ability to do more with less. Variable annuities with lifetime guaranteed income also provide substantial tax advantages, helping to stretch retirement assets as long as possible. Death benefits for an account holder’s beneficiaries is also a feature of many annuity plans. “As with any retirement investment, a retirement planning professional is an invaluable resource,” says Jeremy Louder. “With a planner’s help, goals and needs can be assessed and steps taken to reach those goals.” For more information about Jeremy and his work in the financial field, view his Crunchbase profile https://www.crunchbase.com/person/jeremy-louder.

About Jeremy Louder

Over a long and successful career in the financial field, Jeremy Louder has worked with both individual and corporate clients. He has amassed over two decades in the field of financial investment services, making him a leading voice among investment professionals. Jeremy currently serves as a financial consultant in the Dallas Fort Worth area.

Jeremy Louder

5600 Tennyson Pkwy
Dallas, Texas 75024
United States
(214) 780-0100
jeremylouder23@gmail.com
https://www.linkedin.com/in/jeremy-louder-6a044716