Cover Your Retirement Income Bases With Scenario Planning

Here are three strategies to help you plan for best- and worst-case scenarios, positioning you for retirement success.

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If you’re like most Americans, you’re undersaved, underplanned and underprepared for retirement.

In fact, 55% of employed Americans surveyed by Bankrate.com say they are behind on their retirement savings goals. The stock market, which declined significantly in 2022, was a definite stressor for savers, with the average 401(k) balance down by 23%, according to financial services behemoth Fidelity.

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Chuck Bigbie, CLU, ChFC®, CFP®
Wealth Manager and Principal, Woodland Wealth Management, LLC

With 40-plus years of experience in the industry, Chuck specializes in retirement planning and an outcomes-based approach to wealth accumulation and financial planning. Understanding and thoughtful, he is committed to always put clients’ needs first and providing them unbiased advice. His desire to spread financial literacy and to never stop learning drive him in his everyday responsibilities. He enjoys getting to know his clients and is energized by working with them and helping them find the right retirement strategies for their unique needs.

Licensed Insurance Professional. Respond and learn how financial products, including life insurance and annuities can be used in various planning strategies for retirement.

Securities offered through Geneos Wealth Management, Inc. (Member FINRA/SIPC). Advisory Services offered through Geneos Wealth Management, Inc. a Registered Investment Adviser.