When it comes to saving for retirement, many Americans have multiple options. When you consider 401(k)s, 403(b)s, IRAs, fixed annuities, certificates of deposit plus income from Social Security and pensions, determining which income stream to use and when can get complicated. An adviser who specializes in retirement income planning should be able to help you navigate these decisions. In this Retirement Daily article, Four Questions to Ask Your Adviser About Retirement Income Planning, Covisum® Founder and President, Joe Elsasser, CFP®, outlines which questions retirees should come prepared to ask in their next meeting with their financial planner. 

"After your adviser answers these questions, take the next step, and ask to see their process for addressing each of your concerns. Strong advisers have well-defined processes and can show you exactly how they can help you make these decisions systematically to alleviate some of the stress and make sure you’re prepared for the days ahead."

Read the entire Retirement Daily article here.