Summerlin Benefits Consulting Q&AAnswer
Oct 23, 2024 - 12:20 PM
When planning for retirement, you should consider three key risks:
- Withdrawing from underperforming accounts, which can lock in losses.
- Longevity risk, where living longer than expected strains your resources.
- Balancing risk and reward in investments, using strategies like diversification or safe options such as Fixed Index Annuities (FIAs).
Working with a financial professional can help mitigate these risks and ensure long-term financial stability.
