How to Beat the 2 Top Risks Retirees Face
When you combine longevity with inflation, it adds up to a perfect storm for baby boomers, who must make their savings stretch for decades. Here’s how to help safely steer around the danger.
If you are like many boomers, your spending will not drop significantly at retirement. In the beginning, you’ll be fulfilling the many dreams and desires you postponed during your career and child-rearing years. Later on, the cost of health care may become a significant factor in determining your income needs.
How can you help ensure that your money will last as long as you do? By addressing these two retirement risk factors.
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