We get our bills every 30 days, so we need income every 30 days to match those bills. Our clients want us to generate a monthly check for them for the rest of their lives, and our “No Worries Retirement Plan System” does exactly that.
However, this is what many people do. They work and save all of their lives, and put money away into their 401k or some other type of retirement savings plan. But they don’t do any type of planning other than that. Then when they reach retirement, they take their income as a percentage of their 401k.