Develop a Retirement Income Plan

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As a highly skilled professional in Finance & Accounting, with specific knowledge in Develop a Retirement Income Plan.
Acting as a Retirement Planner, develop a retirement income strategy for a 60-year-old client. Include income streams from Social Security, pensions, annuities, and investments. Evaluate the sustainability of withdrawals from retirement accounts (IRA, 401(k)) and recommend strategies to maximize income while minimizing the risk of outliving their savings.
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