4 Common Risks That Can Devastate Your Retirement

Four of the most challenging retirement risks that retirees face.

Risk #1: Longevity Risk:  Roughly 25 percent of people alive at age 65 will live to age 90.

Risk #2: Long-Term Care Risk  Nearly 70% of all people who live to age 65 will require some sort of long-term care in their lives.

Risk #3: Sequence of Returns Risk:  Investment returns are unpredictable and negative returns in the first few years of retirement can increase the likelihood that one will run out of money.

Risk #4: Public Policy Risk:  Tax, Social Security and other legal changes during retirement.

Forbes article details the risk and offers reasonable solutions.

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