WEALTHTRACK Retirement Planning: Strategies for a Secure Future
Part 2 of 2
Planning for retirement and replacing a work paycheck with savings can be a daunting task, especially with the current challenges of market declines, inflation, rising interest rates, and the threat of recession. Christine Benz, Morningstar's director of personal finance, is passionate about simplifying retirement portfolio planning and has identified six retirement blind spots:
retirement date risk
sequence-of-return risk
low-yield risk
inflation risk
health care/long-term care risk
longevity risk
In this second of a two-part series on Building a Better Retirement, Benz explains how to mitigate these risks and offers solutions to ensure a financially secure retirement.
WEALTHTRACK episode 1941 broadcsat on April 07, 2023
Bookshelf:
Morningstar's 30-Minute Money Solutions: A Step-by-Step Guide to Managing Your Finances: https://amzn.to/3G5rVcN
Morningstar Guide to Mutual Funds: Five-Star Strategies for Success: https://amzn.to/3zqb2pv