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Caffeine And Cash Flow with Michael Schulte

Welcome to the Saving The American Dream Podcast with Financial Advisor Michael Schulte of WestPac Wealth Partners. Are taxes, market volatility, inflation and other risks threatening your pursuit of the American Dream? If you need help planning how to tackle these financial headwinds, then this is the show for you!

With pensions disappearing, the American Dream is harder than ever to achieve. We're on our own to successfully plan for our financial futures. That's why it's so important to make wise decisions with your financial plan and as you get older those decisions become more and more critical.

New episodes bi-weekly. Visit our website for show notes, resources, more information and to contact Michael at SavingTheAmericanDreamPodcast.com. Or call 702-767-4897.

  1. All Episodes
  2. Ep 8: Why Pensions Are Becoming a Thing of the Past

Ep 8: Why Pensions Are Becoming a Thing of the Past

May 6, 2021

Pensions are not as popular as they once were. Why are they becoming extinct, and how are people now saving for retirement?

 

Read more and get additional financial resources here: https://savingtheamericandreampodcast.com/retirement-strategy/ep-8-why-pensions-are-becoming-a-thing-of-the-past/146/ 

 

What we discuss on this episode: 

1:10 – Pensions becoming extinct

4:12 – Other sources of income

9:00 – Inflation

10:32 – Pension buyout

12:12 – Savings adjustments