How to Make Sure You Don’t Outlive Your Money in Retirement
One of the biggest fears retirees face is running out of money. With careful planning and smart investing, you can ensure that your savings last throughout your retirement years without having to worry.
One of the biggest fears retirees face is running out of money. With careful planning and smart investing, you can ensure that your savings last throughout your retirement years without having to worry.
Pro Tips:
Diversify your portfolio: Spread your investments across stocks, bonds, and other assets to minimize risk.
Withdraw strategically: Use the 4% rule—withdraw 4% of your portfolio annually to make your money last.
Factor in inflation: Make sure your savings grow enough to keep up with inflation over the years.
Consider annuities: Annuities can provide a guaranteed income stream in retirement.
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