Click below to listen to Episode 9 – Creating an Income Stream for Retirement
Episode 9 – Creating an Income Stream for Retirement
Learn about replacement retirement income and how to avoid dipping into the principal of your investments early on.
Have you created an income stream for retirement? This is something many of us worry about on a daily basis. In this episode, Bob and Mary Jo discuss different topics surrounding retirement income such as replacement income and how to avoid dipping into the principal of your investments early on, as well as the guidelines surrounding your Required Minimum Distribution (RMD).
They also dive into the various forms of Passive and Non-Passive or Earned Income, Investment and Portfolio Income, and Creating an Income Stream using a “Bucket Strategy”. The Bucket Strategy is based on different Timeframes for needing retirement funds.
HOSTED BY: Bob Barber, CWS® and Mary Jo Lyons, CFP®