Considering that the human life expectancy is ever-increasing, are you confident that you will have enough money to last through retirement? In this episode of The Agent of Wealth Podcast, host Marc Bautis explains how a retirement income plan works to project income needs, and he shares tips on saving enough money during working years and best practices for withdrawing income.
In this episode, you will learn:
- What information is needed to calculate your retirement savings goal.
- The importance of getting your money to work for you.
- Why a pre-retiree couple may decide to work longer and pay more tax now.
- The importance of stress-testing retirement plans.
- And more!