Retirement is a significant milestone in life, representing a transition from a career-driven, income-generating phase to a stage where you rely on your accumulated savings and investments to support your lifestyle. To ensure a comfortable and financially secure retirement, it’s essential to have a well-thought-out retirement income plan. In this comprehensive guide, we will explore what a retirement income plan is and provide step-by-step guidance on how to create one, helping you navigate the path to a worry-free retirement. Part 1: Understanding the Basics of a Retirement Income Plan Before delving into the “how” of creating a retirement income plan,…