Ep #154 - When Your Wealth Doesn’t Give You a Paycheck

Some of the wealthiest people we meet don’t have portfolios that send them a monthly paycheck. Their wealth lives in businesses, real estate, farmland, or valuable art and collectibles. They don’t have a net worth problem, they have a liquidity problem. In retirement, the question becomes “How do I actually turn this into income?” In this episode, Adam and Ben unpack the planning challenges of illiquid wealth. When should you sell? How do you manage taxes? How do you turn a one-time liquidity event into a reliable income stream without losing your identity in the process?Ticket #T010411Thanks for listening!If you want to be notified when the next episode will be released, you can:Subscribe to the ShowFor more insights on everyday financial planning questions,  go to www.haasfinancialgroup.comContact Us:Email us at [email protected] advice offered through Great Valley Advisor Group, a Registered Investment Advisor. Great Valley Advisor Group and Haas Financial Group are separate entities. This is not intended to be used as tax or legal advice. Please consult a tax or legal professional for specific information and advice.