You’ve worked hard, saved diligently, and built up your nest egg. But now what? In this episode of Living Wealthy, host Nick Poppe unpacks one of the biggest financial transitions: going from saving to spending in retirement.

Nick explains why retirement isn’t just about how much you’ve saved, but how well you’ve planned to turn those savings into income. He breaks down the mindset shift from accumulation to distribution and the key risks retirees face, like sequence of returns, inflation, longevity, healthcare costs, and taxes.

You'll also get a high-level look at several retirement income strategies, including:

• The 4% rule and its limitations

• The traditional three-legged stool of retirement (Social Security, pensions, and personal savings)

• The bucketing strategy for timing distributions

• And a more personalized, multi-source income approach using annuities, real estate, whole life insurance, and business assets

Whether you’re approaching retirement or want to plan ahead, this episode will help you understand what changes when the paychecks stop—and how to design a plan that makes your money last.

Book a free 15-minute Intro call at https://www.fwstrategies.com/

Learn more about the Bank on Yourself strategy with the Bank on Yourself Special Report: https://www.bankonyourself.com/findoutmorenow?wp_src=NP43

Learn more about the power of guaranteed income for retirement and get your Lifetime Guaranteed Income Guide: https://www.bankonyourself.com/guaranteed-lifetime-income-consumer-guide?wp_src=NP43A&srcp

Keywords

retirement income, financial planning, cash flow, investment strategies, annuities, 4% rule, income floor, bucketing strategy, three-legged stool, retirement planning