Have you ever worried about where your paycheck will come from after retirement? That's the anxiety we tackle head-on in this illuminating discussion about creating reliable income streams for your post-working years.

The income bucket represents the critical middle ground between emergency savings and growth investments in our three-bucket strategy. It's what transforms abstract financial plans (what we call "pie in the sky") into dependable monthly income you can count on ("pie on the table"). Our wealth advisors Jake Stone and Jeremy Day break down why having approximately 10 years of expenses set aside in properly structured income-generating investments provides the security retirees need to weather market volatility.

Through compelling real-world examples, we examine sequence of returns risk – how the timing of market downturns can devastate retirement plans even with identical average returns. One retiree who began withdrawals in 1969 ran out of money in 15 years despite averaging 11.9% returns, while another starting in 1979 saw his money last beyond age 90 with a slightly lower 11% return. The difference? Market timing and proper income planning.

We explore diverse income-generating options including bond ladders, dividend ETFs, fixed index annuities, private equity, and real estate investments. The goal isn't just maximizing return on investment but ensuring reliability of income – knowing your next "paycheck" is secured regardless of what happens in the broader economy.

Whether you're approaching retirement or already there, this episode provides actionable insights on constructing an income strategy that delivers both security and growth potential. Because ultimately, financial planning should serve one purpose – allowing you to fully live today without constant worry about tomorrow.

Jake Stone's Bio

Jeremy Day's Bio

Hear Past episodes of the Way2Wealth Podcast!
https://theway2wealth.com

Learn more about our Host, Scott Ford, Managing Director, Partner & Wealth Advisor
https://www.carsonwealth.com/team-members/scott-ford/

Investment advisory services offered through CWM LLC, an SEC-registered investment advisor. Carson Partners, a division of CWM LLC, is a nationwide partnership of advisors. The opinions voiced in the Way to Wealth with Scott Ford are for general information only and are not intended to provide specific advice or recommendations for an individual. Past performance is no guarantee of future results. All indices are unmanaged and may not be invested into directly. Investing involves risk, including possible loss of principal. No strategy assures success or protects against loss. To determine what may be appropriate for you, consult with your attorney, accountant, financial or tax advisor prior to investing. Guests on Way to Wealth are not affiliated with CWM, LLC. Legado Family is not affiliated with CWM LLC. Carson Wealth 19833 Leitersburg Pike, Suite 1, Hagerstown, Maryland, 21742.