Summerlin Benefits Consulting Q&AAnswer
Oct 23, 2024 - 11:55 AM
Regularly reviewing your retirement savings plan ensures that your contributions align with your financial goals, especially as life changes. It allows you to adjust for increased costs, utilize catch-up contributions if you're over 50, and optimize retirement income sources like Social Security, pensions, and other investments. Consistent evaluation can also help identify new opportunities, like working longer or using tools like Fixed Index Annuities to enhance retirement income. Regular reviews provide clarity, prevent decision paralysis, and help ensure a comfortable retirement.
