Outliving one’s resources is top retiree fear, says MainStreet Financial Group

ROCKFORD, IL, April 16, 2019 /24-7PressRelease/ — Longtime financial advisor Herb Allen has something he’d like to add to all retirees’ bucket lists.

“Retirees have one more job to do and it’s a big one,” says Allen, President and CEO of MainStreet Financial Group. “As wonderful as it is that today’s retiree can anticipate a potential retirement of 30-plus years, we need to plan for the most significant risk that can threaten a happy, successful retirement.”

Rockford and Northern Illinois area residents are invited to “Closing the Retirement Income Gap,” a special no-obligation MainStreet event, at 6 p.m. Tuesday, April 30 at NIU Rockford, for a discussion on steps retirees can take to help prevent outliving one’s financial resources. Topics to be covered include discussions on the pace and sequence of retirement fund withdrawals and ideas for offsetting the effect of inflation and potentially growing retirement income.

“If you’re near or at retirement, this is just one more duck you need to get in a row. Retirement doesn’t have to be hard, but it does require some planning,” Allen says.

To register for the one-hour event, Closing the Retirement Income Gap, go to the website or call MainStreet at (815) 965-4000. Space is limited.

About MainStreet Financial Group
MainStreet Financial Group has served Rockford and Northern Illinois residents for more than 20 years, focusing on friendly, accessible financial planning, retirement planning, and investment planning. The firm, dedicated to providing investment management and strategic wealth planning throughout all stages of life, regularly holds no-obligation investment-focused workshops for the community. Herb Allen’s market commentary can be heard at 5:15 p.m. daily on the radio at 100.5 fm. His weekly market outlook, MainStreet Market Weekly, is posted to the website every Monday.

MainStreet Financial Group. is an independent firm with securities offered through Summit Brokerage Services, Inc. Member FINRA, SIPC. Advisory services offered through Summit Financial Group, Inc. A Registered Investment Adviser. Registered Representatives of Summit Brokerage Services Inc. may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced may be available in every state and through every representative listed. For additional information please contact the representative(s) listed or visit the Summit Brokerage site at www.summitbrokerage.com

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