The Physician's Guide To Financial Wellness
Trent DeBruin, Andrew Musbach
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How to Create a “Paycheck” in Retirement
• 25 minOne of the biggest changes when making the transition to retirement is giving up the steady paycheck from your employer. In retirement, the responsibility of replicating this paycheck shifts to you, but it can be difficult to understand how to use your investments and income sources (like Social Security) to create your retirement paycheck. In this episode, we explain the entire process, including understanding what will make up your paycheck, how to create it, checking whether your investment withdrawal rate is “safe,” and being smart with tax planning and strategically withdrawing from your accounts in order to minimize the amount that goes to the IRS. Resources & People Mentioned How to Create a Paycheck in Retirement Connect With Trent and Andrew https://mdwmllc.com Follow on LinkedIn Follow on Facebook Subscribe to The Physician’s Guide To Financial Wellness on Apple Podcast, Spotify, and Google Podcast
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