Risks to Retirement Income
Saving for retirement is just the beginning.
If you’re like many Americans, you’re concerned about saving enough for retirement. But that’s only half the story.
While it’s vital to have a solid savings strategy, you need an income strategy for your retirement, too. That’s because retirement consists of two phases: accumulation – saving money for retirement – and distribution, or receiving retirement income.
And in the same way you work to protect some of your savings from risk, it’s also important to protect your income from several risks you could face in retirement.
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