How Much Income Do You Need in Retirement?
Manage episode 407499560 series 3561293
If you're nearing retirement or already retired, Mike gives you the tools you need to make sure you have enough income to live a comfortable and enjoyable retirement.
In this episode he talks about the income replacement formula and how it can be used to determine how much income you need in retirement. He explains the importance of front-loading your retirement income so that you can enjoy your retirement years to the fullest.
Don't settle for just financial planning; set your sights on a fulfilling future. Michigan's Retirement Coach was recently selected as one of Feedspot's Top Retirement Podcasts to Follow! Reach out to Mike and his team today at LifePlanWealth.com. Follow on Facebook, Instagram, LinkedIn or subscribe on YouTube.
About Mike Douglas, President and Advisor at LifePlan Financial Design, Inc
Mike Douglas specializes in wealth management and retirement planning at LifePlan Financial Design. Previously, he spent many years in the service industry, focusing on account management and business-to-business relationships. He combines those experiences with his life, health, and Series 65 securities licenses and training to help families pursue their financial goals.
His CFP® certification and MBA round out his unique insight. Mike and his wife, Kimberly, live in Howell, Michigan, with their four young children: Gavin, Zachary, Kaleb, and Emmalyn, along with one Shorkie (Shih Tzu/Yorkie), Satchmo. He enjoys doing anything with his family – sports, gardening, cooking, fishing, and more. Mike plays the piano and several other instruments at church and also enjoys golf and running. A former college football and tennis athlete, he completed his first marathon in 2017 at Walt Disney World.
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