Highlight text to annotate itX
I'm Rosenda Rios and this is Your Money Minutes.
living it now.
That's the topic of our conversation.
And helping us with that conversation is Zack Gipson,
Vice President of Wealth & Retirement Planning.
Thanks for joining us, Zack.
Living it now.
This is the fun part for many, many people.
It's all about lifestyle, isn't it?
And understanding the journey hasn't stopped.
So you spent 40 years preparing for your
retirement, now what?
What do you want out of retirement?
Do you want to travel, spend some time with the grand kids?
It's really your choice around what lifestyle you want in
That's something that somebody really needs to think about
very, very hard.
How they want to have their lifestyle in
their retirement stage.
That's spot on.
And it's working with a professional, understanding
that you've had that financial plan, that retirement plan
you've been working towards all these years.
It's just as important to work on that as you go through
retirement to understand how you spend money, how you
shouldn't spend money.
And when you look at income, prepare for the unexpected.
Maintain that plan, correct?
So, how do you spend that money that we have saved for
many, many years?
That's got to be tough.
It is tough.
So you have all these assets, probably in multiple
And how do you bring them together to understand how you
draw down those sources of income?
How you possibly use a guaranteed source of income,
whether through a company pension or some other
guaranteed retirement plans, say, military
retirement as well?
And it's bringing them all together to understand how you
fund that retirement lifestyle you want.
And here at USAA, we provide multiple avenues
that you can use.
You can pick up the phone and call us.
And we're glad to serve you and help you with your
You can also go online to our free financial calculators to
look at your retirement plan, assess what your income needs
are, and how you generate the right level of income to meet
All right, excellent advice, Zack.
Thank you so much for joining us.
And if you would like to know more about the retirement
calculator that Zack mentioned, just go to usaa.com
and search retirement calculator.
For Your Money Minutes, I'm Rosenda Rios.