The 4 Pillars of Cash Flow in Retirement
Don't neglect principal as a key source of portfolio cash flow, says financial planning expert Michael Kitces.
Michael Kitces is a partner and the director of wealth management for Pinnacle Advisory Group, co-founder of the XY Planning Network, and publisher of the continuing education blog for financial planners, Nerd's Eye View. You can follow him on Twitter at @MichaelKitces.
Christine Benz: Hi, I'm Christine Benz for Morningstar.com. What are the key sources of retirees' portfolio cash flows and how might they change over time? Joining me to discuss that topic is Michael Kitces. He is a financial planning expert.