Focus on Protecting Your Nest Egg Once You're Retired
by Ken Moraif, CFP®, CEO and Senior Adviser, Retirement Planners of America
Jun 26, 2019
3 minutes
If you're like most investors, you've focused on making money for most of your financial life. But once you're retired or close to retirement, I believe you need to shift gears, to put protection ahead of growth in order to make your savings last.
In other words, I suggest you should only take as much risk as is necessary to accomplish your financial goals.
Calculate How Much Return You Really Need
Let's say you've done extremely well with your savings and investments over the years. You have $10 million
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