Morningstar's Director of Personal Finance writes about the factors that are within an individual's control and therefore manageable through good planning.

The economy and stock market movements are not on the list.

Prudent risk management in retirement is on the list.  The items that fall into the risk management category include:

• Longevity risk.
• Long-term care.
• Inflation.
• Regulatory risk and higher taxes.

Longevity annuities are discussed in the context of longevity risk.

Source: Morningstar

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