How to avoid the mistakes that can reduce income security
November 1, 2019 -
For many, the time spent in retirement will exceed working years. That means retirees may live 20, 30, or even 40 years without receiving a paycheck.
Following are eight important factors to consider as you formulate your retirement investment strategy: inflation, a poorly-allocated portfolio, taxes, underestimated expenses, unrealistic investment performance expectations, length of retirement, mismanagement of tax-deferred assets, and health care expenses.
Set target allocations on a fixed schedule, such as monthly, quarterly, or annually.