In this conversation, Ashley Patterson discusses the complexities of retirement planning, focusing on the transition from saving to spending, the importance of creating a structured income plan, and the implications of taxes on retirement savings.  She emphasizes the need for effective estate planning and the strategic timing of Social Security benefits, while also addressing the management of required minimum distributions (RMDs) from retirement accounts. The discussion highlights the importance of working with a financial advisor to navigate these challenges and ensure a secure retirement.

Reach the Texas Money Mavericks at 800-971-4549.