The Retirement Income Coach Steve Selengut is the retirement income coach. He has a different approach to retirement income, so if you are nearing that age, listen up! Summary of the Podcast Retirement income coach * Steve, Kevin, and Graham discuss retirement planning and investment strategies. * Steve shares his approach of focusing on generating consistent income from a diversified portfolio of high-quality income-producing securities, rather than chasing market growth. * He explains the benefits of this approach, including being able to sleep well at night regardless of market fluctuations. Closed-end funds as investment vehicles * Steve describes his use of closed-end funds as the core of his retirement income strategy. * He highlights their advantages, such as consistent dividend payments, diversification, and professional management. * Then he discusses how he vets and selects the funds to build a portfolio tailored to his clients' needs. Profit-taking and reinvestment * Steve emphasises the importance of regularly taking profits on investments that have appreciated. * This is rather than holding on in hopes of further gains. * He explains how this allows him to reinvest at lower prices and grow his income stream over time. * It's a strategy that has provided a more stable and reliable source of retirement funds. Challenges with traditional financial advice * Steve critiques the traditional investment advice model * That's where financial advisors are incentivised to grow assets under management rather than focus on generating consistent income. * He contrasts this with his approach of prioritising income and profit-taking to better serve his clients' retirement needs. Retirement income coaching business * Steve discusses his transition from managing money for clients to now coaching and mentoring other financial professionals on his income-focused investment approach. * He explains how he helps them implement his strategies and provide similar services to their own clients. Potential impact on homelessness * When asked about what change he would like to make in the world, Steve expresses a desire to see an end to homelessness. * If he could he would use his wealth and influence to address this issue if he had the means to do so. Recap and next steps * The hosts, Graham and Kevin, summarise the key insights from the discussion and express their interest in learning more about Steve's retirement income strategies. * Kevin wanted to get his book "Retirement Money Secrets." Clips from the Podcast The Whole Thing https://thenext100days.org/wp-content/uploads/2024/10/Steve-Selengut-The-Whole-Thing.mp4 Designed Portfolios https://thenext100days.org/wp-content/uploads/2024/10/Steve-Selengut-Portfolio-Design.mp4 Take Profits https://thenext100days.org/wp-content/uploads/2024/10/Steve-Selengut-Take-Profits.mp4   Testimonial https://thenext100days.org/wp-content/uploads/2024/10/Steve-Selengut-Testimonial-1.mp4 The Next 100 Days Podcast Co-Hosts Graham Arrowsmith Graham founded a href="https://finelyfettled.co.