Osaic Enhances Retirement Income Planning Tools with NextPhase Pro and NextPhase Plus
Are you ready to take your retirement income planning to the next level? Osaic, a leading independent broker/dealer network, has just unveiled enhanced versions of its NextPhase Pro and NextPhase Plus tools, designed to help advisors create personalized retirement income plans for their clients with ease.
Retirement income planning, also known as decumulation or distribution-phase planning, is a complex process that requires careful consideration of various factors. From cash flow analysis to Social Security optimization, healthcare costs, and legacy planning, advisors have a lot on their plate when helping clients navigate their retirement finances.
With the NextPhase platform, advisors can now access advanced features such as Social Security optimization, risk mitigation alerts, tax overlays, required minimum distribution projections, Roth conversion modeling, and personalized healthcare cost projections. The Pro version even includes calculations for income-related monthly adjusted surcharges to Medicare premiums, making it a comprehensive tool for retirement income planning.
What sets NextPhase apart is its partnership with IncomeConductor, a leading retirement income technology provider. The developers at IncomeConductor worked closely with the Osaic team to customize the platform and reports generated for end clients, ensuring a seamless user experience for advisors and their clients.
The roots of NextPhase can be traced back to the time-segmented approach to distributing income in retirement, developed by IncomeConductor co-founder Phil Lubinski in the early 2000s. This proven strategy has been integrated into the NextPhase platform, providing advisors with a reliable and effective tool for retirement income planning.
“We are very excited to partner with Osaic, a b/d that has a deep understanding of the time-segmented strategy, a commitment to the success of their advisors, and a vision for capturing the lion’s share of the retirement income market,” said Sheryl O’Connor, CEO of WealthConductor LLC, the company behind IncomeConductor.
In recognition of its innovative technology, IncomeConductor was awarded the WealthManagement.com Industry Award for best retirement income technology provider in 2023. This accolade speaks to the quality and effectiveness of the tools now available to advisors through the NextPhase platform.
So, if you’re looking to elevate your retirement income planning game, look no further than NextPhase Pro and NextPhase Plus. With their advanced features and user-friendly interface, these tools are sure to streamline the planning process and help you provide the best possible guidance to your clients.
