Income planning has evolved into a diverse collection of tools that guard against a myriad of potential disruptions, not only to a client’s income but also the assets which underlie that income. This may be their ability to work, as in the case of disability income, or a potential risk to their accumulated assets such as an extended Long Term Care need. It may entail diversifying income sources for retirement income by finding ways to create non-reportable income through non-correlated assets. In any of these events risks can be mitigated, and Chesapeake Brokerage can guide you and your clients through the process of evaluating all of the tools at our and your disposal.