The Cash Flow Clock: For Retirees - Book - Page 97
The Cash Flow Clock
It can be converted to a Roth to take advantage of
lower tax rates. It can be accessed for discretionary
expenses based on our timing instead of being paid
out a little bit at a time over a long period. If we pass
earlier than expected, the remaining amount passed to
our heirs. If we need to turn on an income stream
down the road, we can create a personal pension
using an income annuity.
Again. every situation is different, and no one knows
exactly what the future may hold. The Cash Flow
Clock can help us determine what our income needs
are likely to be. We can then decide the best way to
leverage our assets to give us the best chance to meet
them.
92
