Consider 5 Basic Risks When Thinking About How to Plan for Retirement
How much do I need to save for retirement?
How do I plan for retirement?
Both are pretty basic questions that are top of mind for most people who are at or approaching retirement age, and the uncertainty and anxiety around these questions have only increased in light of the financial crisis.
A recent article lists 5 risks that should be on the radar of anyone contemplating retirement:
- Inflation
- Longevity risk
- Market risk
- Health problems and expenses
- Losing a job or unexpected retirement
Source: U.S. News and World Report
