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On this episode of the Horizon Wealth Retirement Podcast, Dan discusses the essential topic of creating income streams for retirement. He explores various sources of income, including Social Security, pensions, annuities, and investments, while emphasizing the importance of diversifying income sources. The conversation also delves into the differences between guaranteed and non-guaranteed income, the planning process for setting up these streams, and the risks retirees face, such as market risk and longevity risk. Dan shares a hypothetical example of how a couple successfully planned their retirement income, highlighting the value of working with a financial advisor to create a tailored income strategy.
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See omnystudio.com/listener for privacy information.
By Dan BlairOn this episode of the Horizon Wealth Retirement Podcast, Dan discusses the essential topic of creating income streams for retirement. He explores various sources of income, including Social Security, pensions, annuities, and investments, while emphasizing the importance of diversifying income sources. The conversation also delves into the differences between guaranteed and non-guaranteed income, the planning process for setting up these streams, and the risks retirees face, such as market risk and longevity risk. Dan shares a hypothetical example of how a couple successfully planned their retirement income, highlighting the value of working with a financial advisor to create a tailored income strategy.
Get your FREE Tax Analysis TODAY!
See omnystudio.com/listener for privacy information.