Mike Milligan uses candy types as a metaphor for retirement income sources. A diversified portfolio mixing immediate income annuities, Roth conversions, and other products creates guaranteed monthly payments and helps retirees avoid running out of money.
See, you never want to run out of money in, in, in retirement, right? You, you— and so when to be satisfied in retirement, you need a retirement income strategy that, uh, that an immediate, uh, income annuity could do. It could convert a lump sum of money into guaranteed monthly payments.
Tell us about the one-of-a-kind financial plan before we do that.
Well, you know, the one-of-a-kind financial plan, just like your Halloween basket, Should be, should have a mix of all different types of candies in it. If, if you got the same exact candy all along the way at every house, your, your kids would just want to go home fast. They would be, they would be tired, right? They would say, I'm getting, I'm not, I don't enjoy this. Your retirement needs a mix of Roth conversion strategies like we do in our tax planning, retirement income like immediate annuities or other types of annuities that provide guaranteed income.
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
How to evaluate AI growth stocks (Nvidia, Oracle, CoreWeave) beyond market hype
