In this episode of Wealth Health Radio, Joe Murphy discusses the five critical pillars of retirement planning. The first pillar is income, which is essential for maintaining the desired lifestyle in retirement. Joe emphasizes the importance of diversifying income streams to mitigate risks. The second pillar is expense management, which involves understanding current and future expenses and planning for rising prices and inflation. The third pillar is investment management, where Joe highlights the need to generate income while minimizing risk. The fourth pillar is legacy planning, which involves considering the financial support of children and grandchildren. The fifth pillar is tax efficiency, where Joe emphasizes the importance of tax planning to maximize income and minimize tax liabilities. Call or text 800-930-5905. Visit MWMFinancial.Tax to learn more.