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Ep 217: Creating Predictable Income in Retirement
Manage episode 407397506 series 3560500
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Creating a steady income stream in retirement is a goal everyone has because it allows for a steady and reliable life, but how do you achieve that within your financial plan? In this episode, Victor will explain how we approach income planning in retirement and the challenges facing anyone trying to put predictable streams in place.
Here is some of what you’ll learn in this episode:
- Is there a way to generate predictable income? (1:45)
- Why dividends aren’t as reliable as people often think. (3:33)
- An example of a time someone relied too heavily on the market in retirement with bad results. (7:06)
- How to offset inflation when setting up an income plan. (9:30)
- How the income discussion fits into our initial meetings. (13:23)
About Retirease Radio:
Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.
Connect:
Medina Law Group: https://www.jerseyestateplanning.com/
Palante Wealth Advisors: https://palantewealth.com/
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