Answer
Oct 22, 2024 - 12:03 PM
Working with a financial professional can enhance retirement preparedness by providing strategies to mitigate risks, such as withdrawing from underperforming accounts and longevity concerns. They can help diversify your portfolio, recommend safer investment options like Fixed Index Annuities (FIAs), and balance risk and reward based on individual goals. This guidance fosters confidence and helps ensure a stable income throughout retirement, reducing anxiety about outliving your savings.