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This week’s theme on the Retirement Quick Tips Podcast is: 10 Things You Must Do Before Retirement - Part 1

Today, I’m talking about creating a Retirement Budget & Withdrawal strategy. This budget should account for: 

  • Monthly expenses - how to start tracking (3 mos)
  • Annual spending (so you don’t forget one-time or non-monthly expenses like your insurance or property taxes)
  • Wants like travel
  • Include one-time expenses like buying a new car, remodel, weddings, etc.

Part of the budgeting process should also include which accounts will you draw income from and when (discuss order of withdrawals) 

That’s it for today. Thanks for listening! My name is Ashley Micciche and this is the Retirement Quick Tips podcast.  


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Tags: retirement, investing, money, finance, financial planning, retirement planning, saving money, personal finance