Retirees should consider focusing on generating cash flow instead of chasing ever-shrinking income sources in today’s low interest rate environment. CFN’s John Walker and Jim Tate, CPA, discuss the differences in managing income versus cash flow. A good cash flow strategy includes social security, annuity payments, dividends and other sources to cover living expenses for those in retirement. John and Jim offer practical cash flow planning tips, including tax related information that should not be overlooked.
Listening Time: 25 minutes