How to Think About Risk as You Approach and Enter Retirement

Risk means different things at different stages of life. During working years, risk is often associated with investment performance and long-term growth opportunities. As retirement approaches, however, the conversation becomes more complex. Retirement risk management strategies involve balancing growth potential with income stability, tax considerations, healthcare planning, and long-term flexibility. Approaching retirement often shifts priorities. Instead of focusing primarily on accumulating assets, retirees begin thinking about how those assets will support future income needs while navigating market volatility in retirement and rising living expenses over time. Understanding the different forms of retirement risk can help individuals make more informed […]