Introduction to Retirement Risks
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Retirement carries risks, some of which are more obvious during one's later years. Plan for these age-related risks as you grow older.
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.