MoneyWorks DFW offers income strategies for today’s turbulent times

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MoneyWorks DFW offers income strategies for today’s turbulent times

July 26
02:15 2022
The boutique retirement and income-planning specialists at MoneyWorks DFW help clients navigate retirement with strategies that provide growth and guaranteed income streams with little-to-no risk of market losses.

MoneyWorks DFW is Texas’ premier retirement planning firm offering proven strategies for retirees and near-retirees who want to grow their income — even in today’s turbulent economic climate even in the event of a market collapse.  Retirement Planning and Income Specialist and Principal Owner David Duston teaches business owners, entrepreneurs, and individuals financial literacy and helps them save millions of dollars.

“In an era where most people don’t really want the truth and seem to want constant reassurance that what they believe is actually the truth, they may or may not like what their financial advisor has to say,” Duston said. “As an income expert, it’s rewarding to know that our clients do not usually lose their money due to changes in the markets that are completely out of our control.”

Americans spend their lives building income through their jobs, but they often don’t start planning for retirement until they’re well into their careers. In a recent survey of 4,500 retirees, the average age at which they started planning for retirement was 42. In addition, of the 68 percent of workers with access to an employer-sponsored 401k retirement plan, only 41 percent contribute. 

Social Security is also growing more unreliable: it’s guaranteed to be 100 percent funded through 2035 before dropping to 75 percent. By then, there will be more than 78 million Americans ages 65 and older — more people will be drawing from Social Security, but fewer people will be contributing to it.

With a 12-year gap between the average retirement age of 66 and the average life expectancy of 78, pre-retirees need a way to continue growing their income. MoneyWorks DFW is answering the call to help pre-retirees and retirees protect their assets and create a customized retirement income plan.

MoneyWorks DFW provides several strategies for growing income during retirement, including through annuities.  An annuity is a contract offered by an insurance company that serves as an investment vehicle for accumulating retirement savings and mitigating various retirement risks — a person conveys funds to the insurance company, and the company, depending on the type of annuity contract can guarantee an income stream for life in retirement. 

Free resources and publications such as MoneyWorks DWS’s “The Safe Money Guide,” “Sequence of Returns,” and Duston’s Safe Money & Income book contain additional essential income-growing strategies. Duston also hosts a weekly radio show

“The strategies and concepts we use have been used for hundreds of years and are quite mainstream,” Duston said. “It is possible to reinvent your tomorrow today.”

 

Conclusion

MoneyWorks DFW can help retirees and pre-retirees navigate uncertain economic times and build lifelong guaranteed income streams.

Media Contact
Company Name: MoneyWorks DFW
Contact Person: David Duston
Email: Send Email
Phone: 1 (214) 584 6391
Country: United States
Website: http://moneyworksdfw.com/

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