Pentegra Retirement Services has introduced the “Pentegra Distribution Path,” a new online report that sets forth practices to help promote successful retirement outcomes with a focus on decumulation. Distribution Path addresses options for developing and implementing a plan in an effort to ensure a secure retirement income stream.
“The retirement industry has spent the last 20 years advising people how to accumulate retirement savings, but we must shift some of the focus to helping educate people on what to do with their savings when they retire, says Pentegra’s Richard Rausser. “How will you receive your money? At what age will you retire? How much do you think you need to live? How can you make sure you don’t run out of money and outlive your savings?” According to Rausser, “It is not only critical to save, but also to figure out your specific wants and needs, and then understand which options are available to you. Too many people have not thought this through, which can have dire results.”
