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Creating a Sustainable Retirement Income Plan

Released on Tuesday, March 7, 2023•RETIREMENT

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It is important for retirees to create an income strategy that produces the income they need today and in the future. In other words, retirees need to balance the need for short-term liquidity and long-term opportunity for growth. One of the most significant risks for retirees is the sequence of returns risk. In other words, sequence of returns withdrawing income from an underperforming portfolio. It is also important to address inflation risk because the longer that retirees need to depend on their portfolio for income, the greater the likelihood they will experience a market downturn or recession. In this session, we will discuss strategies to optimize sources of retirement income and improve cash flow in retirement.

Marguerita Cheng

Blue Ocean Global Wealth, CEO

Marguerita "Rita" Cheng helps educate the public, policymakers, and media about the benefits of competent, ethical financial planning. As a Certified Financial Planner® professional and chief executive officer of a financial advisory firm, Blue Ocean Global Wealth, Ms. Cheng helps people meet their life goals through the proper management of financial resources. She is passionate about helping them navigate some of life’s most difficult issues—divorce, death, career changes, caring for aging relatives—so they can feel confident and in control of their finances. Ms. Cheng is a regular columnist for Kiplinger and MarketWatch and a past spokesperson for the AARP financial freedom campaign. Ms. Cheng volunteers her time as a SoleMate, or charity runner for Girls on the Run, raising money for scholarships for girls.

Ms. Cheng is a Certified Financial Planner® (CFP®) professional, a Chartered Retirement Planning Counselor®, a Retirement Income Certified Professional®, and a Chartered SRITM Counselor (CSRIC®). She is a member of the CNBC Financial Advisor Council. She is a regular columnist for Kiplinger and U.S. News & World Report, and a past spokesperson for the AARP Financial Freedom Campaign. In addition, she serves on the Board of Directors for the CFP Board. In 2023, she was named the #2 Most Influential Financial Advisor in the Investopedia Top 100. She was named a “Woman to Watch” by Investment News in 2017.