How Can You Get More Retirement Income

Our government has kept interest rates extremely low to help boost corporate spending and keep inflation at bay, hoping to stimulate the economy. By keeping the prices of everyday items low, we get the unfortunate byproduct of low interest rates on our savings.

For many retirees, those lower rates mean lower income for them. Is there are way to increase your current income?

Usually, after reviewing all possible income generation assets and understanding the current and actual income needs, we can usually find a solution to this problem.

Let us stress the words 'usually' and 'current'.

There is not always a solution and sometimes a possible to solution could end up being worse than the original problem. Furthermore, you can't let a short term solution strangle your flexibility for long term problems. The solution needs to allow for changes that will happen as time goes on.

The key is to get a review or your assets and be sure to understand the drawbacks that go along with any solution.

To hear the Smart Money Radio Show segment focused on this topic, Please Click Here! (about 7 minutes long)


To hear the full Smart Money Radio Show where Bruce discusses this topic and more, Please Click Here! (about 25 minutes long)