Retirement changes more than your daily routine—it changes where your income comes from. After decades of receiving a regular paycheck, suddenly you’re responsible for creating one yourself. So when that employer paycheck stops, what replaces it?
In this episode of Savvy Women, Catherine Magaña and Rachel Ivanovich discuss one of retirement’s biggest financial and emotional transitions: going from saving and accumulating wealth to relying on it for income. They discuss why your income changes in retirement and how multiple sources can work together to support the life you’ve planned.
You’ll learn about:
• How Social Security can become part of your retirement income
• How investments, pensions, and rental income can work together
• Why cash reserves can help during periods of market volatility
• How taxes and withdrawal timing can impact where you take income from
• Why creating a predictable monthly paycheck can provide greater peace of mind
• How to prepare for larger expenses like a new car, home repairs, travel, or helping family
• Why coordinating your income sources is more effective than relying too heavily on one account
Your work paycheck may stop when you retire—but your need for income doesn’t. The key is having a plan for what replaces it.
Date Recorded: 08/13/26
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