Welcome to a new week and a new theme here on the One Minute Retirement Tip Podcast. I’m your host Ashley Micciche, co-owner of True North Retirement Advisors, an independent financial advisory practice managing $300 million in client assets. I’m a Chartered Retirement Planning Counselor, a frequent speaker, radio and podcast guest, and I love talking to anyone who will listen about making a plan for the retirement you envision. 

The theme this week on the One Minute Retirement Tip podcast is: Setting your retirement budget. Even if you’ve never lived off of a budget before, retirement is a critical time to understand both your income sources, and how you spend your money - both how much and in what categories. Because if you can live in a way that’s sustainable given your income and assets, you won’t have to worry so much about outliving your money in retirement. 

I hope what we have to share with you this week will help you make smart and thoughtful decisions for your retirement. And while I research each week’s topic and I am careful to not lead you astray, I am not infallible (and according to my husband and kids and pretty much everyone else in my family... I am wrong all the time). 

Personal finance is complex, and there is no one-size-fits-all solution for everyone, so I encourage you to disregard anything I say that may not be helpful for you, and to consult your own financial, tax, and legal advisors regarding your own individual situation. 

That’s it for today. Come on back tomorrow, where we’re diving in to discuss income sources in retirement. For many of you it goes beyond portfolio withdrawals and social security, so we’ll talk about how to plan for income from several common sources tomorrow. 

Thanks for listening! My name is Ashley Micciche...and this is the One Minute Retirement Tip. 

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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance