Your Retirement Income Plan Can Make or Break You

Plain and simple, your retirement income plan will make or break you in retirement. In this episode, we discuss the importance of creating an actual plan that focuses solely on how you will get your income in retirement, and the greatest risks your income will face.

An appropriately structured income plan is crucial so that you can avoid entering retirement being uncertain about how much you can spend each month, vulnerable to the big retirement risks, and unstructured with your nest egg – meaning that you really have no idea how to arrange your affairs, what accounts to have, what investments to select, and what accounts they should go in.

Your retirement income will drive your lifestyle, not necessarily the amount of money you have. The more confidence you have in your retirement income plan, the more likely you will live a happy and fulfilling lifestyle that allows you to focus on the more important things in life.

More specifically, I discuss:

• How to Determine of You Are a Constrained Investor
• The #1 Danger of “The 4% Rule”
• Retirement Timing Risk (Sequence of Returns Risk) Explained
• Inflation and Longevity Risk
• Advantages of Segmenting or Bucketing Your Nest Egg

For resources, go to https://retiredishpodcast.com/14