In a previous video, we overview the four primary purposes for your retirement money. If you missed it, I suggest that you watch it here to give you some context for this video:
FOUR FINANCIAL TOOLS OVERVIEW VIDEO
In today’s blog, I will talk more about the second purpose of retirement money, covering your income gaps. Quantifying how much is enough for this bucket depends on several factors:
- What is the amount and length of your income gaps?
- Will you use insurance or investment related strategies to cover them?
HOW MUCH IS ENOUGH TO COVER INCOME GAPS
If you have any questions about covering income gaps in retirement, please contact me