How To Turn Your Investments Into A Pay Cheque In Retirement

Workers who have defined benefit pensions have it much easier when it comes to replacing their incomes in retirement, especially if they were plan members for many years. They can continue to receive a pay cheque based on a pre-determined pension formula. Some pensions are even increased each January based on an inflation adjustment. Retirees with some or all of their retirement income funded by their investments have a little more work to do. Here are a few tips on how to turn your...