158 Carriage Drive,
We all encounter different risks during the various stages of our financial lives. Life insurance can help manage the risk of premature death. However, during the retirement phase of our lives, we are at risk for additional impacts that we must plan for.
The risk that your current portfolio may not provide you with the flexibility for unanticipated needs.
The risk of outliving the assets that you have set aside for retirement.
The risk of losing all or a significant portion of your money invested in the stock market.
The risk that the cost of goods and services will increase over time.
The risk of being forced to deplete a significant portion of your assets to pay for long-term care.
The risk of not being able to leave a financial legacy to those that you care about the most.
The risk that tax laws could change, causing a negative impact on the resources used to fund your income needs.
The risk incurring negative returns early in retirement while also taking withdrawals from your investment accounts.