If you’ve taken the important first step toward a comfortable retirement by planning for your future, then you know how important your retirement income strategy (from sources such as Social Security, pensions, or a 401(k)) is to help make that dream a reality. Rising costs and unexpected expenses can mean your retirement income may fall short of your actual needs down the road. Income stability is a top retirement concern of pre-retirees in America, and many financial advisors can suggest strategies to avoid retirement income gaps.
In this episode of Money Script Monday, Marcus breaks down the 6 main risks in retirement, including the biggest expenses most retirees face, and offers a retirement income strategy that can address these concerns.
Resources Provided for This Episode
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