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Podcast: Navigating an Abundant Retirement with Carol Dewey
Episode: Understanding the Benefits of Risk Pooling and Longevity Credits
Description: Welcome back to Navigating an Abundant Retirement Radio. This week, Carol shifts the discussion regarding the Map to Economic Independence to the Distribution Dilemma. Her discussions regarding economic independence are where we have enough recurring revenue, also known as cash flow, to cover our basic expenses. So far, her discussions have revolved around the accumulation phase before retirement.In this episode, Carol answers the question of how you can draw down and distribute your retirement savings once the bell sounds and your career is over will determine whether or not you run out of money. Th...