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Saving Advice
Saving Advice
Lifestyle
Teri Monroe

7 Bridge-Income Tactics That Keep You from Tapping Principal

retiree working
Image Source: 123rf.com

Retirement planning is about more than just saving—it’s about timing. One of the biggest challenges retirees face is figuring out how to cover expenses without dipping into their savings too soon. That’s where bridge income comes in. Bridge-income tactics provide temporary cash flow that lets retirees delay tapping principal until the timing is right. Whether it’s waiting for Social Security, protecting investment accounts during market downturns, or stretching pension payouts, bridge income is a powerful financial tool. Here are seven strategies retirees can use to keep portfolios intact for the long haul.

1. Part-Time Work and Freelancing

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