3 Major Risks During Retirement and How To Prepare

No Guaranteed Income Sources– Today’s retirees face many different challenges than retirees off the past. Guaranteed income from a pension is almost extinct! For most, Social Security is the only form of fixed income, but alone isn’t enough to meet living expenses. Retirees are forced to find alternative forms of guaranteed income, such as part-time jobs, borrowing or depending on government or family assistance. You can protect your retirement lifestyle with income that provides for your core expenses as well as life’s extras through many different financial products. Guaranteed sources of income can relieve some of the stress and worries that come with income planning for retirement spending goals.

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