Smart Wealth and Retirement

Strategies for Steady Income After You Retire


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In this episode of the Smart Wealth Podcast, financial advisors and retirement planners Jim Martin & Casey Bibb of Martin Wealth Solutions unpack one of the most pressing questions for new retirees: “How will I replace my paycheck?” They break down how to turn your retirement savings into a reliable income stream that lasts, while minimizing taxes and avoiding common mistakes. Jim and Casey discuss essential topics like income buckets, required minimum distributions (RMDs), annuities, and tax-efficient withdrawal strategies. If you’re approaching retirement—or already there—this episode will help you build a paycheck plan you can count on.


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00:00 Introduction: The Paycheck Gap in Retirement

00:39 Why You Need a Paycheck Replacement Plan
01:32 The Value of a Retirement Income Plan
02:48 How Most People Withdraw Their Money—and Why It’s Risky
04:03 Understanding the Different “Buckets” of Money
06:32 Tax-Efficient Withdrawal Strategies
09:13 Building in Flexibility and Liquidity
10:50 Do You Need an Annuity?
12:16 Managing Sequence of Return Risk
13:45 Required Minimum Distributions (RMDs) Explained
15:14 Don’t Just Wing It—Have a System
16:33 Final Thoughts and Encouragement

Opinions expressed herein are solely those of Martin Wealth Solutions, unless otherwise specifically cited. Material presented is believed to be from reliable sources, but no representations are made by our firm as to another parties’ informational accuracy or completeness. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that any statements, opinions or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation. Past performance may not be indicative of future results. Indices are not available for direct investment. Any investor who attempts to mimic the performance of an index would incur fees and expenses which would reduce returns. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

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Smart Wealth and RetirementBy Jim Martin & Casey Bibb

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