While there is a lot of excitement when preparing and entering the world of retirement, high anxiety always seems to co-exist.
At this point, you have INVESTED lots of time PLANNING for this moment, but there are some factors you should consider at this stage:
- Funding Bucket List Trips
- What are your guaranteed sources of income: Social Security, pensions
- How to make withdrawals from your investments so you don’t outlive your money
- Retirement Risks: Increased longevity, market volatility, low-interest rate environment
- Long-Term Care Costs
- Elderly Fraud
Continuous monitoring of your retirement assets and income, along with annual reviews of your projected retirement health, helps you adjust accordingly.