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Generating Sufficient Retirement Income

  These days, most people understand how to save for retirement. (Whether they actually follow through or not, though, is another matter.) But once you reach retirement, how do you figure out which retirement income strategy is best for you? What is the best way to use those assets you’ve grown over the years to now generate income?

Mike Switzer interviews Bryan Ballentine, a certified financial planner in Greenville, SC.

 

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After almost 20 years, Mike Switzer retired from Wells Fargo Securities in 2001 as Senior Vice President/Investment Officer and Certified Portfolio Manager. In 1999, he and his wife, Maggie, purchased and operated for eight years the Baskin Robbins ice cream store on Forest Drive in Columbia. They grew the store from a bottom-tier operation in the Baskin Robbins franchise system to one in the top 5% nationwide within three years, tripling sales along the way. While operating the ice cream store, Mike and Maggie received patents for a portable ice cream sink and fold-down sneezeguard they invented and in 2002 started Magnolia Carts, an ice cream cart manufacturing company, which they sold in 2013.