Right on the Money host, Dennis Mattern, discusses retirement income strategies with Eric and Jennifer Lahaie, owners and founders of JEHM Wealth & Retirement, located in Greenville, South Carolina.
Eric and Jennifer focus particularly on retirement income planning for pre-retirees and new retirees. They help people make big decisions in regards to their retirement income plan, such as their distribution strategy, portfolio management, and supplementing retirement income sources.
Their methodology is to change the mindset from saving for retirement vigorously, to spending your hard-earned money and creating a distribution strategy. They have developed an allocation model called LIFE. LIFE stands for liquidity, income, future, and estate. This is the model for purpose-driven investing. Purpose-driven investing is when you know what the purpose of the money is, and once you know what the purpose is, it is easier to determine an investment strategy and where to put it in your portfolio—liquidity, income, future, or estate.
Know every aspect of your retirement income plan. Learn more about Eric and Jennier Lahaie at JEHM Wealth & Retirement and how they could help you with your retirement income strategy.