There is a new trend where some 401K plans offer employees a chance to convert some of their savings into a product which can turn them into a retirement income stream, much like a pension. But this may not come soon enough for many soon-to-be-retirees. Danny and Chris take a look at some strategies folks can use in the meantime to provide lifetime income for themselves, including optimizing Social Security benefits, matching what employers may provide into 401K accounts and several others.
The Harlow Wealth Retirement Hour is a long running radio program featuring advisors from Harlow Wealth Management, based in Vancouver, Washington. Chris Harlow, Dan Erickson and their team discuss topics related to retirement, areas to cover in an economic plan, and how such a plan can be individually tailored to meet the needs of any particular individual or couple.
