Retirement is the time to relax after a lifetime of working. When you retire, you will need to generate a steady income to maintain your lifestyle without depending on others. You might have done everything right to save for retirement—you started early, maximized your 401(k) plan, and avoided cashing out your retirement plan.
But, how do you envision a steady income without having to go to work during your retirement years? This might seem challenging at first. But it’s still possible—if you develop a robust strategy based on your current financial status.
