Our Process

Retirement income planning is a dynamic, complex process that is different from traditional retirement planning, which focuses on the accumulation of wealth. There are many moving parts that must be prioritized long before you retire, and monitored carefully to ensure the fulfillment of your retirement vision. At Retirement Income Center, our experience, knowledge, and expertise  give you the peace of mind and security that comes when you have a true partner in planning, managing, and protecting your retirement income.

At Retirement Income Center (RIC), we have a dedicated process to help ensure the successful and stress-free creation of a dynamic and comprehensive Retirement Income Plan for all of our clients. Planning is the first and most important step in this process.  The Plan helps us determine the Managing and Protecting services, as well as other specific services, that we recommend for your unique situation. It is the glue that holds everything together.

While implementation of Managing and Protecting services with Retirement Income Center is not required, these can often be complementary parts of a holistic approach to your retirement planning. And unlike traditional investment management firms that only provide advisory services, Retirement Income Center offers income management services to help close the gap between your projected income needs and projected income sources without worrying about, or depending on, the volatility of the stock market.

Income Management Services

Our income management services can help secure your financial future and a predictable income stream during retirement. We utilize your Retirement Income Plan to determine the services that are appropriate for your retirement goals. Our recommendations may include one or more types of fixed income annuities: immediate annuities, deferred income annuities, and fixed index annuities with income riders.

The specific types and timing of annuities, along with initial and ongoing investments and withdrawals, are dictated by the analysis and recommendations contained in your initial Retirement Income Plan. As with all stages of our process, income tax planning considerations are addressed and built directly into your plan.

Fees and Compensation

Fee transparency is very important to us at RIC. For Planning, we charge a fixed fee which is determined by the amount of net worth and gross income per your most recent income tax return. Please see our Planning fee schedule below:

TOTAL FEE = NET WORTH FEE + GROSS INCOME FEE

Net Worth Fee
Under $1 million  $2,000
$1 million to $3 million  $3,000
$3 million to $10 million  $6,500
$10 million to $20 million  $15,000
Above $20 million Negotiable
Gross Income Fee
Under $100,000 $1,000
$100,000 to $300,000 $1,500
$300,000 to $1 million $3,250
$1 million to $2 million $7,500
Above $2 million Negotiable

Net Worth:
Total value of all assets less total liabilities excluding primary residence

Gross Income:
Total income per most recent income tax return

Payment Terms:
1/3 of total fee due with signed engagement letter
Balance of fee due upon completion of retirement income plan

For a complete RIC compensation schedule, please click here. (Include link to full compensation schedule.)

5020 Campus Drive
Newport Beach, CA 92660-2120
Phone: (949) 251-0910 or Toll Free: Plan2Retire (844-752-6273)

Email: info@RetirementIncomeCenter.com

Advisory services offered through Retirement Income Center, a Registered Investment Advisor

©2018 Robert Klein and Retirement Income Center. All rights reserved.

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