5 Real Financial Risks
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These are some of the risks:
Extended Longevity
As the average life expectancy increases, so does the likelihood of needing Long-Term Care (LTC) in retirement.
Rising Inflation
Inflation is often considered the silent risk to retirement income.
Market Downturns
Market volatility tends to be a constant throughout an investor’s lifetime.
Surviving Dependents
The financial impact of survivorship should not be underestimated in any phase of life, including retirement.
Tax Increases
Many Americans will owe taxes on their retirement income withdrawals.
