In this insightful episode of Retire Texas Style, join Steve and Derrick as they unravel the complexities of 401(k) management. The hosts address common concerns and confusion about planning for retirement, offering guidance and practical tips.

Discover the key challenges post-retirement when managing your 401(k) and the need for a comprehensive income strategy. Derrick breaks down the concept of "spending down" your money, shedding light on taxation, required minimum distributions, and the art of creating sustainable income.

The hosts emphasize the shift from traditional investment strategies and highlight the inefficiencies of relying solely on a 401(k). Derrick stresses the significance of diversification, introducing various financial products and strategies to ensure a robust retirement plan.

If you're approaching retirement or already in it, this episode is a must-listen. Call Hoyl Financial today for an income review and let their team help you navigate the numbers, taxes, and create an income plan that stands the test of time. Visit retiretexasstyle.com to schedule a consultation.