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GENERATING INCOME IN RETIREMENT

Make the shift from saving to spending.

After years of saving for retirement, it's finally time to spend in retirement. But how can you be sure you've built an income strategy that'll cover the retirement of your dreams? Schwab is here to help you understand how to maximize your assets and build a plan for the future.

Step 1

Update your financial plan.

As you're entering retirement, it's important to review your financial plan so it matches your goals. At Schwab, we have several ways to help you get the plan you need for the retirement you've dreamed of. 

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Step 2

Help optimize your portfolio with income generating investments.

While your portfolio may have once focused on growth, many people nearing retirement shift to income generation to help make their money last. Here is how Schwab can help you with that.

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Get personalized portfolio advice:

Consider these specialized strategies:

Select income generating investments:

Questions? We're here to help. Call us at 866-782-1480

Step 3

Take money out tax efficiently.

Develop and follow a distribution strategy that considers your income needs as well as factors unique to you, like your age, tax situation, and investment accounts. We can help you understand how to take out distributions and minimize the tax impact. 

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Need help managing your portfolio? We're here to support you.

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1. Schwab Wealth Advisory™ ("SWA") is a non-discretionary investment advisory program sponsored by Charles Schwab & Co., Inc. ("Schwab"). Schwab Wealth Advisory, Inc. ("SWAI") is a Registered Investment Adviser and provides portfolio management for the SWA program. The Wealth Advisor, Associate Wealth Advisor, and other representatives making investment recommendations in your Schwab Wealth Advisory accounts are employees of Schwab Wealth Advisory, Inc.

2. Portfolio Management for the ThomasPartners Strategies and Wasmer Schroeder Strategies is provided by Charles Schwab Investment Management, Inc., dba Schwab Asset Management®, a registered investment adviser and an affiliate of Charles Schwab & Co., Inc. ("Schwab"). Schwab Asset Management and Schwab are separate entities and subsidiaries of The Charles Schwab Corporation.

Please refer to the Charles Schwab Investment Management, Inc. Disclosure Brochure for additional information.

Portfolio management for Schwab Managed Portfolios, Schwab Personalized Indexing, ThomasPartners Strategies, Windhaven Strategies, and the Wasmer Schroeder Strategies is provided by Schwab Asset Management. Please refer to the Charles Schwab Investment Management, Inc. Disclosure Brochure for additional information. Investments in managed accounts should be considered in view of a larger, more diversified investment portfolio.

Please refer to the Charles Schwab Investment Management, Inc. Disclosure Brochure for additional information.

Investments in managed accounts should be considered in view of a larger, more diversified investment portfolio.

Fixed income securities are subject to increased loss of principal during periods of rising interest rates. Fixed income investments are subject to various other risks including changes in credit quality, market valuations, liquidity, prepayments, early redemption, corporate events, tax ramifications, and other factors.

This tax information is not intended to be a substitute for specific individualized tax, legal, or investment planning advice. Where specific advice is necessary or appropriate, Schwab recommends that you consult with a qualified tax advisor, CPA, financial planner, or investment manager. Depending on the type of account you have, there are different rules for withdrawals, penalties, and distributions. Please understand these before opening your account.

Annuity guarantees are subject to the claims paying ability of the issuing company. For illustrative purposes only.

An investment in a money market fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although a money market fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in a money market fund.

Diversification and asset allocation strategies do not ensure a profit and cannot protect against losses in a declining market.

Investment returns will fluctuate and are subject to market volatility, so that an investor's shares, when redeemed or sold, may be worth more or less than their original cost. Shares of ETFs are not individually redeemable directly with the ETF. Shares of ETFs are bought and sold at market price, which may be higher or lower than the net asset value (NAV).

Charles Schwab & Co., Inc., a licensed insurance agency, distributes certain life and annuity contracts issued by non-affiliated insurance companies. Not all products are available in all states.