Retirement income decisions can be overwhelming, especially when converting TIAA Traditional balances into lifetime income.

In this episode, Greg Shepard breaks down one of his most frequently asked questions: “Should I choose lifetime income, and how much?” Greg shares real client stories and explains the pros, cons, and emotional factors behind this important decision. He also explains how TIAA lifetime income works, when it makes sense, and how to avoid costly mistakes when selecting it.

Greg shares:

• The key differences between lifetime income and maintaining liquidity
• The ideal scenarios where lifetime income might make sense
• The 40% guideline for transitioning to lifetime income
• Emotional and behavioral factors that influence retirement decisions
• The importance of asking the right questions before locking in your plan
• And more!

Resources:

• TIAA Lifetime Income Strategy

Connect with Greg Shepard: 

• Phone: (913) 521-2381
• Email: greg@shepardfinancial.com 
• LinkedIn: Greg Shepard
• Website: TIAA Simplified
• Website: S&A Financial Services
• LinkedIn: S&A Financial Services, Inc.