Turn Retirement Savings Into Income- Here's How

3 Steps to Planning for Steady Retirement Income

The first step in creating retirement income is to picture how you’d like to spend those years. This way you can understand how much money you’ll need and prioritize what’s most important.

1. Prioritize It
The first step is to picture what you’d like to do in retirement. This way you
can understand how much money you’ll need and prioritize what’s most
important.

Start by asking yourself questions about:

• Logistics – Where will I live? Do I need/want a new car? What’s my
• retirement date?
• Lifestyle – Will I travel, volunteer or get a part-time job?
• Legacy – What will I leave to family, friends or philanthropic projects?

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