This is the moment everything has been building toward.

In this episode, I break down Pillar Six of the Plan First Financial Path, Turn savings into income. After clarifying goals, building a foundation, protecting the plan, investing with purpose, and planning to pay less taxes over time, this is where we convert decades of saving into a structured retirement paycheck.

I talk about the mindset shift from saver to spender, why guaranteed income sources like Social Security, pensions, annuities, and Treasury bond ladders can create stability, and how I approach covering essential living expenses first before allocating money toward travel, lifestyle, and discretionary spending.

We dive into withdrawal sequencing, tax coordination, bucket strategies, sequence of returns risk, and the role of cash buffers in protecting early retirement years. I also discuss total return strategies, the 4% rule, Bill Bengen’s updated research, and why flexibility matters more than any single percentage.

Turning savings into income is not about guessing the perfect withdrawal rate. It is about designing a system that supports your life with confidence and adaptability.

Helping you to be wise with your money!
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Most people think tax planning is about getting the biggest deduction this year. Real tax planning is about paying the least amount of tax over your lifetime.

In this episode, I break down Pillar Five of the Plan First Financial Path, Pay less taxes over time. This pillar focuses on making intentional tax decisions that align with your long-term goals, not just the current tax return.

We dive deep into Roth contributions and Roth conversions, and why it may not always make sense to automatically max out a traditional 401k. I explain the importance of balancing tax deductions today with tax-free income later, and how current and future tax brackets should influence those decisions.

This episode also explores the difference between tax preparation and tax planning, including how CPAs often focus on minimizing taxes this year, while long-term planning looks across decades. I walk through practical examples of tax loss harvesting and tax gain harvesting in non-retirement accounts, showing how these strategies can create flexibility and reduce future tax exposure when coordinated with income planning.

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉...

Investing should support your plan, not drive it.

In this episode, I break down Pillar Four of the Plan First Financial Path, Invest with purpose. This pillar focuses on slowing down and being intentional about how and where you invest, instead of chasing speculative ideas or the next hot stock tip.

We talk about why time horizon matters, how different types of accounts serve different roles, and why short term money should be invested conservatively. I also explain why Roth accounts are often positioned more aggressively due to their long term, tax free growth potential, while money needed in the next five years may be better suited for cash, high yield savings, or CDs.

This episode also covers the importance of automation, setting up consistent contributions, and paying yourself first, so investing becomes a habit instead of an emotional decision.

When the plan dictates how you invest, emotion fades and purpose takes over. This episode explains why investing comes after clarity, foundation, and protection in a holistic financial plan.

investing with purpose, retirement investing, Roth IRA strategy, investment time horizon, personal finance podcast, plan first financial path, long term investing

Helping you to be wise with your money!
To see more videos discussing personal finance Subscribe:
https://www.youtube.com/channel/UCbDA...

For more resources: 👉 https://wfa-nc.com/insights

📝 Get your Free Retirement Plan checkup
https://wfa-nc.com/retirement-plan-ch...

To schedule a complimentary consultation with me: 👉...