ABOUT THIS EPISODE
Are you saving for retirement but unsure how to turn it into a steady income? In this episode of Beyond the Paycheck, Paula Christine welcomes Steve Selengut, author of Retirement Money Secrets, to share what most retirees get wrong—and how to fix it. From 401(k) strategies to income-focused investing, Steve reveals how to make your money work for you. Tune in and take control of your financial future!
Steve Selengut is an investment expert and author of Retirement Money Secrets. He began investing at 25 and built a career managing portfolios focused on income generation. After selling his business in 2023, he now coaches individuals on retirement income strategies.
Learn more about Steve Selengut:
Website: https://theincomecoach.net/
Email: steve@theincomecoach.net
Phone: 838-243-0494 (Monday to Friday, 9 am to 5 pm Eastern)
Facebook: https://www.facebook.com/groups/954938162597753
LinkedIn: https://www.linkedin.com/in/privateinvestmentmanagement/
YouTube: https://www.youtube.com/@steveselengut
Episode highlights:
(0:00) Intro
(1:26) Guest introduction: Steve Selengut and his book Retirement Money Secrets
(3:07) Average retirement age and when people start planning
(4:31) The biggest mistake retirees make with their portfolios
(6:27) How to generate reliable income from investments
(8:43) Explaining investments in simple terms
(14:10) The importance of setting profit-taking thresholds
(18:04) Should you choose a Roth or a traditional 401(k)?
(23:02) The benefits of active investing Vs. Automatic rebalancing
(26:18) Comparing passive income from stocks Vs. Real estate
(32:40) Steve’s biggest investment mistake and what he learned
(35:58) Where to find Steve’s book and additional resources
(37:10) Outro
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Reach Paula at paula@paulachristine.com or through her website, paulachristine.com.
