Navigating a clear course toward your financial security.

Step 4.  Evaluating Retirement Risks

Life expectancy:  With longevity increasing, which is a good thing, a retiree must start with a larger nest egg than in previous decades.  For planning purposes, your life expectancy assumption should be 95 years.  Selecting a conservative (long) life expectancy helps you determine if you have saved enough resources to retire comfortably.

Inflation Risk:  Plan on increasing your retirement income by at least 3% each year so that you have constant purchasing power in the market place. Some of the income may be derived from the sale of securities.

Market Risk:  The price of a security, bond, or mutual fund may drop rapidly and stay low for a long period.  Market risk is caused by investor reaction to tangible and intangible events.  Market risk is caused by factors independent of a particular security.  For example, political, economic and social events sometimes trigger market events. 

Continue with Step 5.  Understanding Health Care Issues

Email your questions to 

Secure Document Vault Don't email that document - Send confidential data to us with confidence using our secure document portal.