Income Planning and Personalized Retirement Strategies

Retirement Talk Podcast with Laura Stover

One of the most important components of everyone’s retirement plan is their personalized income plan. So, on today’s episode, we are going to break down the advice of two experts in the financial industry: Wade Fouad and Michael Kitces. Determining how to efficiently tap into your lifelong savings is one of the most important life decisions you are going to make. Choosing an income strategy that mirrors your preferences is key to the Redefining Wealth Process℠.

When you enter retirement, you don’t know what the market is going to do. You have to be able to balance safety and returns, structuring your financial plan around reliable income. Having the right balance between the money you need to patrician and the money you’ll rely on for income comes with our Life Art Planning System, which leans heavily on adaptive goal-based planning. Join us today as Laura and Michael discuss the best strategies for drawing income, preparing for the possibility of longevity, and what return you need to have to be successful in retirement.

Receiving a personalized income plan and gain access to the Life Art Planning System: https://redefiningwealth.info/schedule/

Rate, Review and Subscribe to the Podcast:

https://podcasts.apple.com/us/podcast/retirement-talk-podcast-with-laura-stover/id571347188

How to Connect:

redefiningwealth.info

lswealthmanagement.com

Schedule a Review: https://redefiningwealth.info/schedule/

Timestamps (show notes):

0:13 – Breaking down income planning

4:53 – Market returns versus safety

8:11 – Having the right amount of balance

12:18 – The flexibility to respond versus commitment

20:40 – Planning for longevity in retirement

24:57 – What returns do you need to be successful?