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Question

What is retirement income planning, and how is it different from general retirement savings?

Answer

Retirement income planning goes beyond saving for retirement — it’s the strategic process of coordinating your investments, tax situation, estate plan, and life goals to create a sustainable income stream that lasts throughout retirement. While general savings focuses on accumulation, retirement income planning addresses how you’ll turn those assets into financial independence.

Related FAQs

Do I need a retirement income plan if I’m already working with a financial advisor?

What’s the difference between ETFs, mutual funds, and separately managed accounts (SMAs) in a retirement portfolio?

Where can I learn more about the Mercer Advisors retirement planning approach?
Retirement Portfolio Management Retirement Planning Living in Retirement Building Wealth Investors Financial Independence FAQs
Last Updated Aug. 28, 2026
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The SECURE 2.0 Act of 2022 introduced significant updates to retirement savings rules — automatic enrollment, emergency savings accounts, and enhanced catch-up contribution limits — that can meaningfully change how you plan for the future.

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Episode 39 – Financial Planning Is a Prerequisite to Successful Investing

Don Calcagni, Chief Investment Officer, breaks down why financial planning should be the essential first step to building, sustaining, and transferring wealth.

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