Tag: Income Streams

Building a Reliable Retirement Income Stream (Ep. 12)

Building a Reliable Retirement Income Stream (Ep. 12)

Is your retirement nest egg going to last as long as you will?

In this episode, Ryan and Tyson Thacker delve into America’s retirement crisis, equipping you with the knowledge to safeguard your financial future. Learn vital lessons from their family farm about the importance of preserving your income sources, such as Social Security and pensions, and explore strategies to overcome common retirement pitfalls like inflation and underfunded pensions.

This week on the Retirement Solutions Podcast, Ryan and Tyson break down:

  • (00:40) The importance of creating reliable income streams for retirement
  • (08:24) Challenges with pension stability and what you can do
  • (11:32) Maximizing your Social Security benefits
  • (14:58) Inflation, the silent wealth killer
  • (19:18) Planning strategies for a secured retirement income
  • (26:21) How reverse mortgages can be a valuable resource
  • And more

Don’t miss this episode packed with practical advice to ensure a comfortable retirement you can count on.

Resources:

Get your FREE B.O.S.S. Retirement Blueprint:

3 Ways to Respond:

  • Text BLUEPRINT to (435) 500-0665
  • Call: (800) 769-7550
  • or Click Here

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Understanding Risk in Your Retirement Blueprint (Ep. 10)

Understanding Risk in Your Retirement Blueprint (Ep. 10)

Ever wonder how much more money you’d have if you could rewind your top financial mistakes? Where there’s smoke, there’s often fire – crucial lessons in managing risk. 

In this episode, Ryan Thacker and Tyson Thacker tackle the often-overlooked topic of managing risk in retirement planning. With an election upon us and fluctuating markets creating uncertainty, understanding and managing risk is more critical than ever.

Ryan and Tyson discuss:

  • (01:35) Why recognizing financial “cracks in the foundation” could be crucial to your retirement strategy
  • (02:53) Lessons learned from real-life investment missteps emphasizing diversification and risk evaluation
  • (06:39) The danger of high-risk ventures and essential precautions
  • (20:00) Benefits of cash value life insurance for tax and security
  • And more

Tune in to avoid common investment mistakes and learn how to construct a stable, secure retirement plan that aligns with your goals.

Resources:

Get your FREE B.O.S.S. Retirement Blueprint:

3 Ways to Respond:

  • Text BLUEPRINT to (435) 500-0665
  • Call: (800) 769-7550
  • or Click Here

Connect with Tyson Thacker: 

Connect with Ryan Thacker: 

Unpacking The B.O.S.S. Retirement Scorecard Part 2 (Ep. 5)

Unpacking The B.O.S.S. Retirement Scorecard Part 2 (Ep. 5)

Many people believe that saving a million dollars is the golden ticket to a perfect retirement.

However, without a comprehensive plan, that million can quickly diminish. Let’s break down why.

Join Tyson Thacker and Ryan Thacker as they continue their breakdown of the B.O.S.S. Retirement Scorecard. Follow along to learn how to assess essential retirement aspects such as debt, cash reserves, different income streams, and social security, in order to help you prepare and craft a strong retirement plan.

Tyson and Ryan discuss: 

  • The personal experience with their family cabin and how it inspired the B.O.S.S. Retirement Scorecard
  • How to rate your retirement readiness based on debt, cash, income, and social security
  • The importance of having a well-rounded plan covering investments, healthcare, and legacy planning
  • Tips for identifying areas for improvement and taking actionable steps to strengthen your retirement plan
  • And more

Resources:

Get your FREE B.O.S.S. Retirement Blueprint:

3 Ways to Respond:

Connect with Tyson Thacker: 

Connect with Ryan Thacker: