12 Strategies to Generate Income in Retirement

Written By Christopher Swan, CFP®, MBA

As retirement approaches, ensuring you don't outlive your savings is crucial. Here are 12 strategies to help you generate income during your golden years:

  1. Use the Bucket Strategy: Divide your savings into "Now," "Soon," and "Later" buckets to manage short- and long-term needs.

  2. Manage Your Spending: Follow the 4% rule to guide withdrawals from your retirement accounts.

  3. Protect Against Inflation: Invest in stocks and TIPS to combat inflation.

  4. Diversify Income Sources: Include dividend-paying stocks, bonds, and REITs in your portfolio.

For the full list of strategies, make sure to review your financial plan regularly with a trusted advisor.

Christopher Swan, CFP®, MBA

In 2010, I started my career in financial services.

Making phone calls for independent advisors in Austin, TX, I quickly found myself drawn to the work.

By 2014, I was a licensed financial advisor, learning the ropes at firms like Edward Jones, Merrill Lynch, and Charles Schwab.

Over the years, I helped people at every stage of life:

Those just starting out.

Those at the end of their journey, focused on legacy.

And everyone in between.

Through it all, I prayed.

Prayed for God to guide me toward the most purposeful work I could do.

Eventually, it became clear—

My biggest impact would be helping people transition into retirement.

By creating secure, reliable plans, I could help people:

Feel confident.

Transition comfortably.

And focus on what matters most: faith, family, fitness, fun, and fulfillment.

That’s why I founded Retire With Swan.

We don’t just focus on numbers.

We focus on people.

To make the retirement transition easier, faster, and more transformational,

I crafted the Swan Song System and GRACE Framework.

These systems simplify the complexities of retirement planning.

They help you clarify your goals, protect your income, and build a roadmap to peace of mind.

If you’re planning your transition into retirement, I’d love to help.

And remember:

It’s never too late—or too early—to better plan your exit.

https://www.retirewithswan.com
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