Keys to Successful Retirement Strategies
With costs of living rising, the increase in medical care, and other economic factors, retirement strategies are adapting. Also, people are now living well into their 90’s and even beyond age 100. This means that your retirement income now needs to last even longer.
While you’re still working and earning an income, you might decide to invest in the markets to grow your retirement savings. However, what happens when retirement arrives? The risks of the market may no longer be risks that you’re willing to take. That combined with the limited availability of traditional retirement income sources, such as defined benefit pension plan, means you may want to consider other options. If you’re looking for ways to secure and protect your principal while maintaining a reasonable rate of return, we can help.