Hi folks and welcome to the Meaningful Money Podcast, Season 5, Episode 3.

This is the podcast dedicated to helping you put your finances in order.

My name is Pete Matthew, and I'm going to share with you everything you need to know

and everything you need to do to secure your financial

future. I'm here to help you make sense of money.

Hi folks, great to have you with me once again. When you get to the great transition into retirement,

you're essentially switching from saving money to spending it, from building wealth, to enjoying it.

And in today's show, I want to look at the principles and practicalities of how your income will work in retirement. So after that, after the main body of the show, I'll look at the most recent reviews that have been left,

announce what we're going to be talking about next week, usual drill. But first, remember,

before all that, this podcast is brought to you with the help of my friends at 7 investment

management. They are a firm of investment managers based in London,

and they specialize in multi-asset investing, something I bang on about all the time here on the show.

Multi-asset investing brings institutional level investing techniques to ordinary people, just like

you, just like me, and 7-I.M specialize in this, and they've been putting their name to the show here

for five years and more, because they believe in what I'm doing, trying to get decent, easy to

understand, easy to put into practice information out to those who need it. I'm really grateful to them

for their ongoing support. Please do check out what they're up to. They're at 7im.com.com.

That's the number 7im.m.com.

Now, starting to draw an income in retirement is a big deal. Okay. As I said, it's a big

transition from saving money to spending it, from building wealth to enjoying it. And there are loads

of variables, loads of

considerations. Some of those considerations have nothing whatsoever to do with the income itself.

...