The Retirement Income Puzzle Part 2: How to Plan for Flexibility in Retirement

In part two of our retirement income puzzle, we explore possible advantages of having tax-free income during your retirement years and the common pitfalls to avoid when pursuing a tax-free strategy.

We cover how the different tax buckets of taxable, tax-deferred and tax-free can impact your income during retirement, including considerations of liquidity needs and flexibility options.

There are risks and tradeoffs to consider, including funding challenges, poor planning design and the danger of a one-size-fits-all approach. The key takeaway? Don’t chase tax-free income blindly. Understand how different options work together to provide the flexibility you need in your retirement years.

Watch the part one episode of the retirement income puzzle if you missed it.

Future Focus: A Financial Strategies Podcast  

Welcome to Future Focus, a podcast designed to make sense of complex financial topics. Hosted by Troy Branch, a professional with over 25 years in the financial services industry, this Ameritas advanced planning podcast offers engaging panel discussions that simplifies the jargon into straightforward insight.   

Whether you’re a business owner aiming to enhance your financial knowledge or someone interested in financial literacy, Future Focus is your go-to resource. Each episode provides practical tips covering topics like estate planning, managing risk, retirement strategies for business owners and much more.  

Disclosures

This podcast is for information purposes only and will cover a variety of topics examining the role insurance and other financial products may play in financial decisions. The information presented here is not intended as tax, accounting, or other legal advice. If tax or other legal advice or other expert assistance is required, the services of a competent professional should be sought. 

This information is provided by Ameritas®, which is a marketing name for subsidiaries of Ameritas Mutual Holding Company. Subsidiaries include Ameritas Life Insurance Corp. In Lincoln, Nebraska and Ameritas Life Insurance Corp. of New York (licensed in New York) in White Plains, New York. Each company is solely responsible for its own financial condition and contractual obligations.