Is there really such a thing as having guaranteed income in retirement? Maybe the question is really “guaranteed by whom?” In today’s episode, we are going to talk about some common misconceptions when it comes to income streams and the importance of having predictable income in your retirement portfolio.
Today we’ll discuss the retirement income sources that people might mistake as predictable income streams and reflect on the dangers of relying too heavily on the stock market in your retirement plan. Don’t miss out on this critical piece in your retirement plan. Join us as Dale shares real-world examples and stresses the importance of having a balanced and diversified portfolio.
Here’s what we’ll talk about in this episode:
- Is there such a thing as guaranteed income in retirement? [0:48]
- Some common retirement income sources that aren’t completely predictable or guaranteed. [4:11]
- Dale shares a story of a client that did not have predictable income in their retirement plan. [4:24]
- If you do establish predictable income, what should you do to help offset inflation? [6:24]
If you have any questions about what we discussed in this episode, reach out and we’ll be happy to answer them.