Answer
Oct 23, 2024 - 12:17 PM
Consulting a financial professional is crucial when planning for retirement because they help mitigate risks like withdrawing from underperforming accounts, ensure your portfolio can sustain longevity, and balance risk and reward. They offer strategies such as diversifying investments and considering options like Fixed Index Annuities to protect against market volatility and ensure steady income. By planning with a professional, you reduce the likelihood of running out of money during retirement, securing a more stable financial future.