ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 49: How To Plan Your Income In Retirement

How do you actually retire? It’s an odd question because it can be taken in many different directions. But it’s a question we get a lot… and the overall desired response ER Doc clients and prospects are looking for is how to manage the logistics of retiring – meaning: Where do I get my money from to afford my expenses? How does it actually end up in my checking account? How often will it be pulled and from what accounts specifically? There’s a lot to unpack there.

In this episode, we paint broad brushstrokes to very personalized retirement-related topics in hopes to shed light on all the moving parts at play.


Topics Discussed:     
  • The importance of understanding where you are getting your money from when you retire.
  • Why you should have different tax accounts.
  • How to create a proper retirement plan in terms of finances.
  • What retirement income planning does and how it benefits you.
  • Why you should know what you want to do with your retirement. 
  • How to plan for the unexpected in retirement.
Resources Mentioned:

ERdocadvisor.com  

Tags

planning, financial planning, ER doctor, doctors, finances, discipline, saving, income, variable income