Retirement Income Planning

In Grand Rapids, Michigan

Turn Your Savings into a

Sustainable Retirement Paycheck

You’ve worked hard to build your nest egg. Now the question becomes: How do you turn that savings into a steady, sustainable paycheck in retirement?

At Medalist Wealth Management, we focus on helping you design a retirement income strategy that’s built to support the life you’ve worked so hard for, so you can step into this next chapter with clarity and confidence, not uncertainty.

Help Protect Your Income from

the Biggest Retirement Risks

A strategic income plan does more than decide which accounts to pull from. It also helps you prepare for risks that can quietly derail your retirement, including:

  • Market volatility and sequence of returns risk – Poor market performance early in retirement can have a lasting impact if withdrawals aren’t carefully managed.
  • Longevity risk – Many retirees underestimate how long they may live. A well‑designed plan considers the possibility of 25–30+ years in retirement.
  • Inflation and rising costs – Everyday expenses, healthcare, and lifestyle costs tend to increase over time.
  • Taxes on withdrawals – The way you take income from IRAs, 401(k)s, Roth accounts, and brokerage accounts can significantly affect how long your money lasts.

Our goal is to help you address these risks proactively, not react to them after the fact.

Our Retirement Income

Planning Process

Your retirement income plan is part of your broader Tailor-Made Wealth Plan™, which organizes the key areas of your financial life into one coordinated strategy.
In our process, we typically:
  1. Clarify your lifestyle and income needs
    We begin with your vision for retirement—travel, family, giving, hobbies—and translate that into an annual income target, including both essential and discretionary expenses.
  2. Map your income sources
    We organize Social Security, pensions, investment accounts, annuities, and other resources to see how they can work together to support your goals.
  3. Design a tax‑aware withdrawal strategy
    We look at which accounts to draw from, and in what order, with the goal of creating a more tax‑efficient paycheck in retirement. We coordinate with your tax professional, so your income plan and tax strategy are aligned.
  4. Build in flexibility
    Markets, tax laws, and personal goals change over time. Your income plan isn’t static, it’s reviewed and adjusted as your life evolves.
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Who We

Serve

We primarily work with individuals and couples who are:

  • Within 10–15 years of retirement and want to go in with a clear plan
  • Recently retired and looking to organize their income more intentionally
  • Concerned about outliving their savings and want a written strategy to help avoid that outcome

Start with a Complimentary

“Blind‑Spot” Review

Many retirees don’t realize where their plan may be vulnerable until it’s too late. Our complimentary Blind‑Spot Review is designed to help you identify gaps in your retirement income strategy and explore ways to strengthen it before or during retirement.
Get My Blind Spot Review

FAQS

What is retirement income planning?

Retirement income planning is the process of turning your savings (such as Social Security, pensions, and investment accounts) into a reliable, tax‑efficient stream of income throughout retirement.

By aligning withdrawals, investment risk, and income timing through a written plan that factors in market downturn scenarios and long‑term risk exposure.

We believe that beginning 10–15 years before retirement, allowing time to adjust risk levels, tax strategies, and Social Security timing.

We coordinate your accounts, tax strategy, Social Security timing, and withdrawal order to build a structured, sustainable income plan tailored to your goals.

It’s a complimentary review designed to identify risks, such as tax exposure, income timing issues, or gaps in planning, that could impact your retirement.