{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"Income Planning is the Foundation of Retirement","description":"When you think of retirement planning, saving and investing are two of the things that likely come to mind first. That\u2019s why many people are unprepared for the next phase of the plan, which is the shift to distribution. Knowing how much income you\u2019ll need and where that money is pulled from is incredibly important for retirement success so today we\u2019re talking all about this essential component of planning. We\u2019ll talk through different factors that we need to understand before putting together the income plan, including your income goals, cash flow, and the impact of taxes and inflation on your retirement savings. This discussion provides a look into the complexity of retirement planning and the need for thoughtful consideration and expert guidance. Here\u2019s some of what we discuss in this episode: Income goals are one of the most crucial things you should decide on as you plan for retirement. Understanding the taxes you\u2019ll have to pay on your retirement savings is a big part of determining where to take your money from. What reliable sources of income will you have? Why are people usually unprepared in this area? Get additional financial resources: https:\/\/maestrowealth.com\/how-money-works-podcast\/  Schedule a meeting: https:\/\/timetoseemaestrowealth.as.me\/ReadytoBegin    ","author_name":"How Money Works","author_url":"https:\/\/www.maestrowealth.com\/","html":"