This is really presented for humor:
“We’ve invented a new approach to money management,” Fellowes said in an interview.
United Income asks clients about these factors and then uses detailed actuarial tables to estimate longevity. It does the same for spending, tapping government data to plot out how people might actually consume over the course of their retirements.
For example, your essentials, such as utilities, groceries, and mortgage payments, must be covered with ultra-safe sources of income such as Social Security, pension payments, annuities, or conservative, bond-heavy investments. That lets you take more risk, and in theory get higher returns, with money you’ve set aside for other goals, which clients can customize. Money for an around-the-world trip might go in an aggressively risky, equity-heavy portfolio.
United Income charges an annual fee of 0.5 to 0.8 percent of assets
https://www.bloomberg.com/news/articles ... ote-64-ref
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