Introduction to Retirement Risks
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Aging brings a set of risks that affect your financial well-being. Your lifespan, your health, and your money all intertwine to affect your ability to meet your expenses in your later years. Learn about the most common such risks and learn ways to cope with them.
What you will learn
- Longevity Risk
- Healthcare Costs Risk
- Long-Term Care Risk
- Inflation Risk
- Investment Risk
What do you know?
Introduction to Retirement Risks
Like all stages of life, retirement carries with it a number of risks that are amplified during this time period. This is largely the result of the fact that retired folks, by definition, almost always have a decreased and/or fixed income. Other factors of particular concern to the retired community are its increased need for healthcare, as well as a shortened investment time frame, relative to younger groups of people. We examine some of these special retirement risks here.