Brian and Jeff Akers discuss retirement income strategies for baby boomers, emphasizing preparation, diversification, and understanding one's financial situation. They highlight the importance of creating a cash cow herd, managing debt, healthcare expenses, and cash flow. Jeff stresses the need to start early and gather information on assets, debt, tax situation, and legal documents. Both speakers emphasize the importance of diversifying income streams and considering options such as dividends, income riders, and Social Security to create a sustainable retirement income plan. They also stress the importance of taking a long-term approach and meeting with a financial advisor to create a personalized plan.
https://www.akersfinancial.com/winning-in-retirement?utm_source=podcast%20description&utm_medium=podcast&utm_campaign=podcast%20description
