I could have just said, all right, well, here, you want to have a globally diversified portfolio,

you want to look at a total return approach, and then you want to just take 4% out of that total

return.

You're hopefully over the time, you get 6%, and then rebalance it the tax match.

But it's more to it than that.

I think that just sounds generic.

Welcome to 2018, where retirement nests have become bigger, but fixed income rates of

return are still low. What strategy will allow your investment portfolio to provide income

throughout your retirement? Today on Your Money, Your Wealth, Joe and Big Al explain what matters

when tailoring your own personal retirement income strategy. Plus, determining in which type of accounts you should have

your retirement savings, from where you should withdraw your required minimum distributions,

and whether any of it's going to matter once the robots take over. Let's find out. Here are

Joe Anderson, CFP, and Big Al Clopine CPA. One of our listeners asked me this earlier this

week. It was kind of like, well, I'm getting close to retirement and I want to be able to devise

some kind of income strategy to last through my retirement.

This gentleman was probably in his mid to late 60s and, you know, retiring in a year or two.

And so the question basically was, how in the heck do you devise an investment portfolio to be able to do that nowadays,

given the fact that fixed income, the rates of return are very low?

And so do you kind of focus there or do you go for high dividend paying stocks? Or how do you create a cash flow? Right. We're also

getting a lot of questions about U.S. stocks, you know, all-time highs, high valuations.

You know, what do I wait? Do I stay in cash? Do you know, the bonds,

you know, interest rates are on the rise too? So aren't they risky also? So aren't they risky

...