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The Three Pillars of Retirement Income
Manage episode 415560323 series 3402937
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Retirement is a milestone many of us eagerly anticipate, but it also marks a significant change in how we manage our finances. Instead of a regular paycheck, we'll rely on various income streams. So, what income streams will you have in retirement? And how can you plan for this stage before you retire? In today's episode, we'll cover all of that and more.
Here’s some of what we discuss in this episode:
- Strategizing your retirement accounts and Social Security together
- The shift from pensions to defined contribution plans in the U.S.
- The differences between traditional and Roth 401(k)s
- Understanding required minimum distributions in retirement planning
- The difference between tradition and Roth IRAs
WAYS TO CONNECT:
Book a 15-minute discovery call with the team here: https://calendly.com/rachel-bwg
Visit https://bulmanwealth.com/marcos-lemus to learn more about Marcos Lemus and the other members of the team.
If you have any questions about what we discussed or anything else in your financial plan, email us at ask@bulmanwealth.com. You can also reach the team by phone at (916) 458-8199.
Kapitler
1. The Three Pillars of Retirement Income (00:00:00)
2. Three Pillars of Retirement Income (00:00:01)
3. Understanding Retirement Income Planning (00:08:58)
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