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What Is Your Wealth Distribution Strategy?
Manage episode 419415916 series 3428540
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There are two distinct phases of your financial life. The first one is the years (decades) that you spend accumulating assets: building your savings, investing in retirement plans, etc. The second phase is when you begin taking those accumulated assets as distributions and live off of that income in retirement.
The first phase is usually the one that gets all the attention. Books have been written on how to accumulate millions of dollars. But it's the second phase that is far more important. How do you distribute your assets so that you don't run out of money before you run out of time?
Learn all about it from podcast host Johnny Dean and Rick "The Professor" Plum, CFP® on this week's episode of Managing Your Financial Future!
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