JIM SIMS - RETIREMENT INCOME
Hi everybody, Jim Sims with Signature Wealth Management Group bringing you another in a series of life's lessons learned from over 25 years as a Investment advisor.
Two ways of managing retirement income:
1. Cash Flow Mapping
2. Risk Bucketing
By cash flow mapping what we mean is lining up your investments so that everything pays you income and you simply draw off of your income, your dividends and interest.