Mitigating risk is an important part of retirement planning that is often overlooked, panelists said. The biggest risks to your retirement portfolio are longevity, healthcare costs and expenses/inflation.
It's no surprise that 'mitigating risk' was a topic at TheStreet's Retirement, Taxes & Income Strategies Symposium held recently in New York City.
Sixteen of the top retirement experts joined Retirement Daily editor, Robert "Mr. Retirement" Powell, for the day long event.
Powell was joined by Sharon Carson, Executive Director, Retirement Strategist, J.P. Morgan Asset Management Retirement; Dirk Cotton, The Retirement Café; Jamie Hopkins, Director of Retirement Research, Carson Wealth and Stephen Resch, VP of Retirement Strategies, Finance of America Reverse.
Watch the video above to learn more about the top risks facing future retirees and how to avoid or mitigate them.