Summerlin Benefits Consulting Q&AAnswer
Oct 23, 2024 - 12:19 PM
To determine if you have enough savings to retire comfortably, consider three key risks: withdrawing from underperforming accounts, longevity (outliving your assets), and balancing risk with reward. Consulting a financial professional and using strategies like diversifying your portfolio and exploring options like Fixed Index Annuities (FIA) can help protect your savings from market fluctuations, ensure steady income, and mitigate risk over time. It's essential to have a plan that factors in potential risks while maintaining growth.
