Long-term savings is essential – especially for private sector workers without a pension. Here’s a question: What is the purpose of long-term savings? Most say, “For retirement.” True. But, isn’t the underlying purpose to create an income stream in retirement? If income streams are the objective, then shouldn’t we think about that more deeply in our planning? Two people can save the same amount of money, but one potentially can have double the income simply by how assets are positioned in the accumulation phase of life. This is not because of taking on more risk or by saving more. We refer to it as an Integrated Retirement Income Strategy.