the Time is now!
The Definition of Wealth
"The wealth of individuals is not the amount of money they have, but their ability to purchase the goods and services that they need to live or to improve their lives". Adam Smith, famous economist.
You have worked a lifetime and now want nothing more than to enjoy your retirement. Part of that is accessing your money in a sustainable manner, maintaining your lifestyle and ensuring your retirement is a permanent one! The last thing anyone wants to think of is running out of money. Having a clearly defined income plan is absolutely key to sound planning and sets forth a written outline how the dollars and cents will come into your accounts in a sustainable and reliable manner month after month.
Income Planning considerations
Know Your Numbers
What's coming in and what's going out?
Projections & Updates
How far will your current and future income get you?
Contingencies
What happens if something happens...having a "what if" plan as part of your income plan is key as life is never static.