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NAIFA’s Investment, Retirement, Estate, and Advanced Planning Center (IREAP) hosted its first Impact Day webinar on Thursday, November 6, 2025, "Extraordinary Estate Planning for Ordinary People", which aimed to demystify the estate planning process and highlight its critical importance for everyone, regardless of age or asset level. Moderated by Mat Powers, the discussion featured experts Troy Branch and Andrew Rinn, who emphasized that planning is fundamentally about family and legacy, not just dollars and cents.

Retirement income planning is one of the most critical, yet misunderstood, aspects of financial advising. Many advisors and clients alike hold on to outdated beliefs that can negatively impact long-term financial security. In a recent McGSpeaks podcast, I interviewed Randy Kitzmiller, ChFC, CLU, FLMI, RICP and tackled five of the biggest myths surrounding income planning and revealed how advisors can better serve their clients by challenging conventional wisdom. Below, we explore these myths and present actionable insights that can transform retirement planning strategies.