Just like guardrails on the road, Retirement Income Guardrails allow you to make course corrections when your investments have veered off in either direction. In good times you give yourself a raise. When time are more challenging, you take a temporary pay cut. Having a dynamic spending plan allows you to make minor corrections to your financial plan throughout your retirement and can help ensure you never run out of money.
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Disclaimer: Since we don’t know your specific situation, none of this information should be construed as tax, legal, financial, insurance, financial advice, or other advice and may be outdated or inaccurate. It is your responsibility to verify all information yourself. This content is prepared for entertainment purposes only. If you need advice, please contact a qualified CPA, attorney, insurance agent, financial advisor, or the appropriate professional for the subject you would like help with. Luminary Financial Advisors,LLC or its members cannot be held liable for any use or misuse of this content.
