Understanding retirement risks
Risk #1: Longevity
The longer you live, the greater your chances of outliving your money. And life expectancy has never been higher.
Risk #2: Market
When you are nearing retirement, market volatility can pose a significant threat to your retirement savings, since you don’t have many years to recoup any losses that may occur.
Risk #3: Inflation
Inflation rates are currently low at about 2%, but even these low rates can have a devastating effect on retirement savings.
Did you know?
Almost 50% of pre-retirees age 50-65 believe their retirement will not be as nice as they had originally hoped.
