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We talk about retirement income guardrails a lot on this show, but today we\u2019ll go into greater depth while exploring an article from Kitces.com. This article was written by a mentor of mine and takes an advisor\u2019s perspective on how to discuss spending increases and decreases with clients.

These are fantastic conversations to review if you have been implementing or thinking about using the guardrails strategy in your retirement plan. Grab a pen and paper and take some notes to reflect as you listen so that you can keep them handy and run them through your own filter.\xa0

Stick around until the end to hear from a listener who is unhappy with their advisor, yet concerned about the tax implications of switching to a new one.

• [2:22] What are guardrails?
• [10:20] How to have the spending reduction conversation
• [15:30] What to do if you are unhappy with your financial advisor

• Implementing Retirement Income Guardrails to Facilitate Spending Raises and Cuts
• Dynamic Distribution Rate white paper
• Jarvis Financial

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