Ep 130: Back To Basics - Understanding Income Planning

<p class="MsoNormal" style= "mso-hyphenate: none; border: none; mso-padding-alt: 0in 0in 0in 0in;"> <span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif;">Do you understand the basics of income planning? If not, you might not be as far along in your retirement plan as you think. Understanding how much income you need and what sources will provide it for you efficiently is critical to success over a long period of time.</span></p> <p class="MsoNormal" style= "mso-hyphenate: none; border: none; mso-padding-alt: 0in 0in 0in 0in;"> <span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif;">We see a lot of clients, and when people first come to see us, very few have an income plan in place, but it’s important that you know this topic well and understand how it fits into your overall retirement plan.</span><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif;"> </span></p> <p class="MsoNormal" style= "border: none; mso-padding-alt: 0in 0in 0in 0in;"><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif;">In this episode, we’ll explain the steps that we take with clients to build their income plan and make sure you understand all the basics. You don’t want to miss the conversation.</span></p> <p class="MsoNormal" style= "border: none; mso-padding-alt: 0in 0in 0in 0in;"> <strong><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman'; color: black; border: none;"> On today’s show, here’s some of what you’ll learn:</span></strong></p> <ul> <li class="MsoNormal" style="border: none;"> <!-- [if !supportLists]--><span style= "font-size: 14.0pt; font-family: 'Arial',sans-serif; mso-fareast-font-family: 'Times New Roman';">What percentage of clients have income plan at the beginning? <strong style= "mso-bidi-font-weight: normal;"><em style= "mso-bidi-font-style: normal;">(8:28)</em></strong></span></li> <li class="MsoNormal" style="border: none;"> <!-- [if !supportLists]--><span style= "font-size: 14.0pt; font-family: 'Arial',sans-s