Kansas City Resource Library
How Do You Know When It’s Time to Retire?
Retirement means something a bit different to everyone. To some, it’s a financial finish line. To others, retirement represents a…
Can There Be a Retirement Planning Formula?
For years, I’ve been on a quest to determine the optimum set of inputs to design the ideal retirement plan.…
I’m susceptible and I’ll bet you are too. It’s deafening when you begin to hear it; its influence is almost…
Reduce Stress Through Rehearsed Financial Austerity
Money can be stressful. This is a statement so obvious that it seems silly to write it out, but there…
Report: Second Quarter Economic Update
A new US president and the winding down of most government-led pandemic safety measures welcomed investors to 2021. As we…
Report: First Quarter Economic Update
What A Difference A Year Makes The first quarter of 2021 included the one-year anniversary from the March 2020 equity…
Report: Proactive Year-End Tax Planning for 2020 and Beyond
A thorough review of your financial situation should always include tax planning. Paying only your fair share of taxes –…
Half Time Report Webinar
Join Scott Dougan, Sean Lee, and Mike Sorrentino for a webinar recap of the first half of 2020 and a…
2023 Spring Newsletter: Kansas City
We did it; we made it to another spring! We should congratulate ourselves. I recently heard someone say, “If you…
2023 Winter Newsletter: Kansas City
With 2023 upon us, I find myself wondering where 2022 went. Didn’t we just finish cleaning up from the last…
2022 Fall Newsletter: Kansas City
A recent article in The Guardian put the spotlight on a man – a lawyer – who was overcharged for…
2022 Summer Newsletter: Kansas City
I wonder if you’ve ever experienced this. You’re sitting at your computer looking at some not great news; maybe it’s…
Your Retirement Elevated Podcast with Scott Dougan
7 Important Streams of Income
You can’t talk about retirement without talking about income. There are seven streams of income you need to know about. In today’s episode, we’ll break them down for you and help you understand the pros and cons of each one. Join us for a critical discussion on creating a reliable, dependable income source in retirement and discover the importance of having a diversified financial plan.
Here’s some of what we discuss in this episode:
- Earned income is the most common type of income. (3:50)
- Interest income is a form of passive income. (9:09)
- Business income is one of the best ways to have wealth. (19:16)
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