03: Turning Your Retirement Savings into Retirement Income

<p><em><span style="font-weight: 400;">Building your retirement income plan can become complex.  There’s a lot to put together. You know what assets you have, but how do you organize all of these tools to work together to create sustainable income? </span></em></p> <p> </p> <p><em><span style="font-weight: 400;">It’s kind of like a jigsaw puzzle. The first step is to separate the pieces into categories. Even though everyone’s pieces will look a little different, Stephanie and Kevin help you see how you can use different vehicles as retirement income. </span></em></p> <p> </p> <p><span style="font-weight: 400;">Key topics discussed: </span></p> <ul> <li style="font-weight: 400;"><span style= "font-weight: 400;">Categorizing what assets you have is the first step to start your retirement income plan  (01:08)</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Using U.S. Government funded programs such as Social Security & Medicare (03:12)</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Other sources of possible income (06:55)</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Your IRA is not just an investment vehicle (09:28)</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Using your home as equity (10:41)</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">What role do annuities and life insurance play? (12:07)</span></li> </ul> <p> </p> <p><strong>Resources mentioned:</strong></p> <p> </p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Free inventory worksheet can be downloaded here:</span> <a href= "https://download.filekitcdn.com/d/tcbLcNwXz1FStJwceH9fUD/eqHQ9efpu2KDhRG4yH9Rpu"> <span style= "font-weight: 400;">https://download.filekitcdn.com/d/tcbLcNwXz1FStJwceH9fUD/eqHQ9efpu2KDhRG4yH9Rpu</span></a></li> </ul> <p> </p> <p><strong>_____________</strong></p> <p><span style="font-weight: 400;">If you like what you’ve been hearing on this podcast, we invite you to subscribe on