How to avoid the mistakes that can reduce income security
January 12, 2015 -
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.
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.
