Creating Income in Retirement
One of the more difficult items to explain to retirees is how their paycheck will be created in retirement. Your entire adult life, and sometimes childhood, is spent working, spending, and saving ideally for life and retirement. However, many retirees have a difficult time conceptualizing how their income will actually come together. While there are many options to create income for retirees in retirement, here are a few of the strategies we have come across that individuals imagine or actually utilize.