Planning for Your Retirement Lifestyle
Retirement Daily Guest Contributor
By Marty Reid
Accumulating assets to fund your expenses and lifestyle during retirement is one of the most critical phases of your financial plan. In fact, the greatest risk that retirees face is outliving their money. Financiers refer to this dilemma as longevity risk. Consequently, retirement income planning requires careful deliberation with consideration to your retirement goals, the impact of inflation, and having realistic assumptions of investment returns.