CONNECT

Address:

2 Winnmere Ave
Burlington, MA 01803

Phone:

(781) 505-1941

Fax/Other:

(781) 505-1945,

Retirement Income

 What Does Retirement Income Distribution Mean?
 
This term is quite different from wealth accumulation. Retirement income distribution means converting your portfolio into retirement income or creating income from your investments to fund your retirement.  Larry Panzeri, a financial professional who specializes in retirement income distribution, will help you plan for the ultimate withdrawal and enjoyment of your retirement assets. He will also help with complicated tax issues through skilled strategic alliance partners such as a CPA and Estate Planning Attorney as shown on the About Us page. As an experienced financial advisor, Larry will work with you to choose retirement distribution options suitable for your personal circumstances and in line with your financial objectives. (based on your tax bracket, income sources, needs and age) through a systematic process that creates a professional discipline for drawing down your investment assets over time.

Typically, what drives most people’s decision revolves around whether or not they need income and also how much they need. The biggest savings usually come from stretching the distribution time of an inherited IRA over a lifetime instead of a lump-sum or five-year distribution.

Part of our process here at Lance Financial involves also asking questions in order to identify your desire to leave a legacy to your heirs or favorite charity. It is important to identify these goals and then prioritize them against your income requirements.

The following are just a few of the elements we can help you with:

  • Making the transition from accumulation to distribution
  • Controlling spending during retirement
  • Financial support of adult children or aging parents
  • Prioritizing goals and dreams for retirement

 

                                                                          


Read about our Discovery Process

Check the background of this financial professional on FINRA's BrokerCheck
Check the background of this financial professional on FINRA's BrokerCheck