Are you relying on outdated financial rules like the 4% withdrawal strategy or a fixed retirement age? Discover why your retirement plan needs an update and how to create reliable income streams. This episode dives into the market's current volatility, the looming threat to Social Security, the big mistake most people make with Required Minimum Distributions (RMDs), and the key role annuities and tax-advantaged strategies play in guaranteeing your "paycheck" for life. Learn how to navigate the modern retirement landscape and stop losing money to hidden taxes and penalties.
To learn more about Alan and the team at Spectrum Wealth Partners, go to www.spectrumwp.com.