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:
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?
If you have any questions about covering income gaps in retirement, please contact me