In this episode, Coach Pete and our hosts have a conversation that revolves around retirement planning and the importance of money. The concept of lifetime income is introduced, highlighting the benefits of guaranteed income in retirement. The importance of solving for income and planning for the worst-case scenario is emphasized. The three worlds of money (risk, safe, and income) are discussed, along with the timeline leading up to retirement. The concept of pensionizing a 401k is explained, and the episode concludes with an invitation to a strategy consultation for retirement planning.

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.