Retirement Income Planning
Turning Savings into a Steady Income
Planning for retirement isn’t just about saving—it’s about knowing how to draw from those savings once you stop working. At Vanator Financial Services, we help Eaton Rapids retirees and families across Lansing, Charlotte, and Jackson create strategies that turn 401(k) and IRA balances into a reliable monthly paycheck. Our retirement income planners in Michigan focus on reducing the risk of outliving your savings while accounting for inflation, market volatility, and health care costs.
Our Approach to Retirement Income
Every retiree’s income needs are different, but the principles of planning remain the same. We use proven strategies to help clients feel confident about their financial future.
Bucket Strategy
We separate your assets into short-term cash reserves for immediate needs and long-term investments for growth and inflation protection.
RMD Planning
We create drawdown plans that meet Required Minimum Distributions while helping you avoid unnecessary tax burdens.
Withdrawal Sequencing
We guide you on which accounts to draw from first—whether taxable, tax-deferred, or Roth—to help minimize lifetime taxes.
Guaranteed Income Sources
We coordinate Social Security, pensions, and annuities to cover essential expenses and provide stability no matter what the markets do.
Tax-Efficient Withdrawals
One of our biggest differentiators is the ability to integrate tax planning with retirement income. As CPAs, we can evaluate how withdrawals affect your tax bracket, manage capital gains timing, and even recommend Roth conversions to reduce future RMDs. This tax-focused approach helps Michigan retirees keep more of their income year after year.
Social Security & Income
Social Security is the foundation of most retirement income plans, but the age at which you claim benefits can significantly change your total lifetime income. We help you weigh your options and coordinate Social Security with other retirement income sources for the strongest outcome.
Longevity & Inflation Protection
With people living 20–30 years past retirement age, planning for longevity is essential. We build income plans that balance stability with growth, using diversified investments, long-term care planning, and inflation-adjusted strategies like TIPS. This ensures your money works for you as long as you need it.
FAQs about Retirement Income Planning
How much can I safely withdraw each year?
A common rule of thumb is 4%, but the right withdrawal rate depends on your savings, spending needs, and tax situation.
What happens if the market crashes early in retirement?
This is known as sequence of returns risk, and our planning helps reduce its impact through diversified strategies and cash reserves.
Should I take money from my 401(k) or IRA first?
It depends on your tax bracket and other income sources. We design withdrawal sequencing to minimize taxes.
How do Roth conversions fit into income planning?
Roth conversions can lower future tax obligations and reduce RMDs, but timing matters—our CPA-level planning helps determine if it’s right for you.