Today we're gonna talk about keeping track of what type of income you have. Because that can make sure that your happy ending financially, you realize what transitions may have to happen. To give an example of types of income are commission only, hourly wage, salary, salary benefits and business ownership.
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The key takeaway for this particular podcast is that we all have different ways of making an income, commission only, hourly wage, salary, benefits, pension and business ownership. These income streams are the machine to create your passive income during the third act of life. Although you may receive Social Security, it is these other forms of income that will feed the passive income that will support you in the third act of your life.
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