Manish Malhotra, President and CEO of Income Discovery, recently posed the question, “What does it mean to execute a retirement income plan?” to a distinguished webinar panel in partnership with the Money Management Institute. The panel featured William Griesser of Edward Jones, David Rivero of TIAA, and Anton Honikman of MyVest.

Here’s what Manish learned:

1. The plan isn’t just a destination, it’s the starting point that requires execution – involving tracking expenses and income sources, estimating taxes and disbursing from multiple accounts 

2. Tax-smart withdrawals differ from mere tax minimization and tax-loss harvesting efforts

3. Automating retirement distribution allows advisors to focus on building stronger client relationships 

The exciting part is together we can execute hyper-personalized retirement income plans in a tax-efficient manner and do so at scale.This will empower the industry to deliver a Full & Rich Retirement to millions of retirees.