Retirement Planning Services

We can help to transform your savings into a renewable source of steady income that can last throughout retirement.

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Retirement Income Source

Retirement Income Source is a full-service financial firm dedicated to helping those in the Minnesota area meet their long-term financial goals. Our team of financial advisors and wealth managers are experienced in helping clients preserve their savings, so they can use it as a source of steady income in retirement.

Retirement Income Source at the NYSE

On February 24, 2023, Sound Income Group Founder, David J. Scranton, rang the closing bell at the New York Stock Exchange.

Sound Income Group is the parent company of our Registered Investment Advisory firm, Sound Income Strategies, and Retirement Income Source.

Our Services

For more than two decades, Retirement Income Source has helped clients better preserve their savings and increase their retirement income through comprehensive financial planning services.

At Retirement Income Source, we believe it is essential for those who are retired or nearing retirement to understand all the options available to help them achieve the retirement they've always envisioned.

When you work with an advisor from Retirement Income Source you are working with an Income Specialist who understands the best ways to help preserve your savings, so you can use it as a renewable source of income in retirement.

At Retirement Income Source, we believe that it is essential for those who are retired or nearing retirement to understand the best ways to navigate the complexities of planning and saving for retirement. Learn More >

We work closely with our clients to provide them with financial planning advice that gives them the best chance of achieving their long-term financial goals.
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Many people tend to minimize the value of Social Security, but Social Security benefits can be more valuable than many people realize. First of all, Social Security…
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Through our connections with qualified attorneys in the area, we can help to ensure you have an effective estate plan in place to help protect your assets and loved ones.
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Through our connections with CPAs in the area, we can help you avoid paying any more in taxes than you are legally obligated to.
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When it comes to growing your money over the long-term, studies have shown that tax advantage is one of the biggest benefits you could have in growing your money. Tax advantage is a main reason Individual Retirement Accounts (IRAs) and 401(k)s are so popular when it comes to saving for retirement.
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By focusing on income-generating investments, such as bonds and bond-like instruments, we can help you establish reliable streams of income that can allow you to know, with a greater sense of certainty, what your financial future holds.
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We not only specialize in helping our clients achieve safer passage into retirement through income-generating investments, we also provide a wide range of investment services.
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Affluence comes with its own set of needs and challenges. We can help you implement effective wealth management strategies to help grow and preserve your wealth. 
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Our wealth preservation strategies can help you keep more of what you’ve worked so hard to earn.
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Sign up for our Free Financial Education Video Series

Preview the short animated video below which illustrates some important facts about retirement. By understanding how certain patterns in the financial markets tend to repeat themselves, you’ll be better prepared to focus on strategies that can help you avoid damaging losses to your retirement savings. If you like what you see, enter your information in the form below to sign up for our financial education video series. 

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Schedule A No-Obligation 15-Minute Consultation

Enter your information to schedule a free, no-obligation, consultation. In one quick meeting or phone call, we can help to determine if you’re on the right path to enjoying the retirement of your dreams. If not, we can help you make the necessary adjustments.

We’re here to help.

Need to talk to someone now? Call (763) 200-8020