Learn more about Merrill Lynch: …(read more)

LEARN MORE ABOUT: Qualified Retirement Plans

REVEALED: How To Invest During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

In today’s uncertain times, it’s more important than ever to have a retirement plan that can weather any situation. The COVID-19 pandemic has brought unprecedented levels of volatility and unpredictability to investment markets, and many retirees are now wondering how to ensure their financial security in the face of such uncertainty.

Merrill Lynch, one of the most trusted names in retirement planning, has taken a proactive approach to helping clients navigate this “new normal.” Their Retirement Income Framework provides a comprehensive solution for managing income and assets during retirement, with built-in flexibility to help you adjust your plan as needed.

One of the key features of the Retirement Income Framework is a focus on generating income that is sustainable, reliable, and diversified. It’s no longer enough to simply rely on a fixed income stream from traditional investments like stocks and bonds. With interest rates hovering near historic lows and market fluctuations driving up volatility, retirees need a more robust approach to generating income.

Merrill Lynch’s approach is based on three key pillars: income from diversified investments, guaranteed income through annuities, and flexible withdrawals from other retirement accounts. By combining these three elements, retirees can create a resilient retirement plan that can withstand market fluctuations and provide steady income for years to come.

Diversified income is generated through a mix of investments, including stocks, bonds, and alternative assets like real estate investment trusts (REITs) or master limited partnerships (MLPs). This approach helps to reduce risk and increase the chances of consistent returns, even in volatile markets.

Guaranteed income is provided through annuities, which offer a fixed payment stream for a set period of time or for life. Annuities can provide a reliable source of income, especially if market volatility makes other investment options less attractive.

Finally, flexible withdrawal strategies allow retirees to take money out of retirement accounts based on their needs, without worrying about triggering tax penalties or depleting their assets too quickly. This can be especially important during times of economic uncertainty, when unexpected expenses or emergencies may arise.

By combining these elements, Merrill Lynch’s Retirement Income Framework can help retirees achieve financial security and peace of mind, even in uncertain times. If you’re wondering how to build a retirement plan that can weather the storms of economic volatility, consider partnering with Merrill Lynch to develop a comprehensive strategy that meets your unique needs and goals.