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When you decide to retire, you will have to create a monthly income out of the retirement savings you have accumulated. Instead of saving, you’ll be spending; the trick is, how do you keep from running out, because it’s a whole different way of dealing with your money!


Some people are surprised to find that they have less money saved for retirement than they thought due to RMDs (Required Minimum Distributions) which start at age 72. The money you have in retirement accounts like 401(k)s will be taxed as ordinary income when you take it out.

Ben Koval of Soundpath Retirement Strategies Shares Retirement Planning Tips

In this episode of Retirement News Online, Ben Koval of Soundpath Retirement Strategies shares tips for retirement planning. Have you taken the right steps to ensure a successful retirement?