In this episode of The Financial Safari, Coach Pete discusses the importance of having an income plan in retirement. He emphasizes the need for multiple streams of income, such as social security and annuities, to ensure financial security. The conversation also addresses the question of whether it's too late to start planning for retirement and the risks of relying solely on a 401(k). The episode takes a trip back to 1988, discussing notable events and movies from that year. The hosts also share their favorite Christmas movies and reflect on the timelessness of music and entertainment. 

If you have questions about taxes in retirement, or if you want a second opinion on your retirement plan, contact Coach Pete and the team at Capital Financial at (800) 661-7383.