Ep 168: Back to Basics - Income Planning

Phil's Tax Hacks

It’s been said that if you don’t have an income plan, you don’t really have a retirement plan. We’ll tackle that mentality on this episode to see if it’s true and further explore why so many retirees and pre-retirees don’t understand the importance of an income plan, nor how to properly construct one.

Here’s some of what you’ll learn on this episode:

• If you don’t have an income plan, you don’t really have a retirement plan. (0:42)
• Where are you pulling the income from and when? (3:11)
• Why most people don’t have an income plan. (5:19)
• The steps you can take to start putting an income plan in place. (8:26)

For more, visit us online: http://philstaxhacks.com

Watch the video podcast on YouTube: Phil's Tax Hacks and Other Retirement Facts