3 BIG Risks to Your Retirement Savings & Strategies to Reduce or Eliminate Them

In This Video:

We recently read an article about three things that are causing pre-retirees – people in their late 50s – to freak out, but we quickly realized these three things could make anyone uncomfortable if they’re within 10 years of retirement.

Things to Consider:

The three things had nothing to do with what they had saved up. Instead, the worry was what could happen to the money they had saved up and how could that impact retirement.

So we want to talk about these three stressors and explain how they could impact what you have saved. Then we want to share strategies to potentially reduce or eliminate these concerns from your retirement.

 

Here’s some of what we discuss in this episode:

0:00 – Intro

1:12 – Stressor 1: Unpredictability of the stock market

5:16 – Stressor 2: Inflation

9:01 – Stressor 3: Rising Healthcare Costs

Resources from this episode: 

Article – https://www.aarp.org/retirement/planning-for-retirement/info-2023/generation-x-anxiety.html

JP Morgan Guide to Markets – Returns w/ Declines – https://am.jpmorgan.com/us/en/asset-management/adv/insights/market-insights/guide-to-the-markets/

 

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