Show notes
Joining Tom for a second time is friend and colleague Bryan McCloskey of Revisionist Wealth. Continuing up in their previous episode “The Retirement Experiment is Failing,” Tom and Bryan talk more about the definition of retirement and how most people focus on net worth but in retirement, it’s about cash flow and income. Pensions are no longer common for most outside of government jobs; money is being challenged and markets are in turmoil. It’s important to maximize the use of assets to create the most income from a dollar. Listen in to learn why thinking about money in accumulation, distribution, and preservation can help you maximize efficiency and own your future to create freedom and reduce stress. Highlights 03:57 Things to think about prior to retirement 07:38 There are different tools that can be used to complement the normal 401k 08:49 What a pension is 11:11 Annuity as a better or different tool to improve outcomes 12:53 Living with your cash flow 20:52 How to achieve the best plan to reduce taxes 26:40 The ability of some annuities to create paychecks 29:36 Needing good experts who’ll share good wisdom and education with you Episode Resources Connect with Tom Suvansri https://perennialpride.com/ https://www.facebook.com/perennialpride/ https://twitter.com/perennialpride https://www.youtube.com/channel/UC6N7YVoDx7BSRdiYRRb1BiA Connect with Bryan McCloskey https://www.revisionistwealth.com/ https://www.facebook.com/groups/973135963398734 https://www.linkedin.com/in/bryanmccloskey Call to Action Schedule a Call with Tom How to Listen: Subscribe on Youtube Listen on Spotify
