Retirement Income Planning Strategies

By Allen Krewzz

Published July 4, 2026Updated July 4, 2026

Why Income Planning Matters as Much as Saving

Strategy 1: Diversify Your Income Sources

Strategy 2: Choose a Thoughtful Withdrawal Approach

Strategy 3: Consider a Bucket Strategy

Strategy 4: Manage Sequence-of-Returns Risk

The timing of market downturns matters, not just their average magnitude. A downturn in your first few retirement years can be far more damaging than the same downturn occurring a decade into retirement.

Retirement Income Planning Strategies

Why Income Planning Matters as Much as Saving

Strategy 1: Diversify Your Income Sources

Strategy 2: Choose a Thoughtful Withdrawal Approach

Strategy 3: Consider a Bucket Strategy

Strategy 4: Manage Sequence-of-Returns Risk

Strategy 5: Stay Flexible

Common Mistakes

Conclusion