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Ep 217: Creating Predictable Income in Retirement

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Manage episode 407397506 series 3560500
Content provided by Victor Medina. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Victor Medina or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Creating a steady income stream in retirement is a goal everyone has because it allows for a steady and reliable life, but how do you achieve that within your financial plan? In this episode, Victor will explain how we approach income planning in retirement and the challenges facing anyone trying to put predictable streams in place.

Here is some of what you’ll learn in this episode:

  • Is there a way to generate predictable income? (1:45)
  • Why dividends aren’t as reliable as people often think. (3:33)
  • An example of a time someone relied too heavily on the market in retirement with bad results. (7:06)
  • How to offset inflation when setting up an income plan. (9:30)
  • How the income discussion fits into our initial meetings. (13:23)

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Connect:

Medina Law Group: https://www.jerseyestateplanning.com/

Palante Wealth Advisors: https://palantewealth.com/

  continue reading

282 episodes

Artwork
iconShare
 
Manage episode 407397506 series 3560500
Content provided by Victor Medina. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Victor Medina or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Creating a steady income stream in retirement is a goal everyone has because it allows for a steady and reliable life, but how do you achieve that within your financial plan? In this episode, Victor will explain how we approach income planning in retirement and the challenges facing anyone trying to put predictable streams in place.

Here is some of what you’ll learn in this episode:

  • Is there a way to generate predictable income? (1:45)
  • Why dividends aren’t as reliable as people often think. (3:33)
  • An example of a time someone relied too heavily on the market in retirement with bad results. (7:06)
  • How to offset inflation when setting up an income plan. (9:30)
  • How the income discussion fits into our initial meetings. (13:23)

About Retirease Radio:

Retirease Radio is hosted by Victor J. Medina, a Certified Elder Law Attorney (CELA®) and a Certified Financial Planner (CFP™). Founder of Medina Law Group & Palante Wealth Advisors, Victor and his companies are dedicated to empowering people through education about estate planning and their finances.

Connect:

Medina Law Group: https://www.jerseyestateplanning.com/

Palante Wealth Advisors: https://palantewealth.com/

  continue reading

282 episodes

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