Many people think retirement planning is as simple as just socking away substantial amounts of money into their traditional retirement accounts like IRAs and 401(k)s. They believe that the income these accounts will produce, along with a base of Social Security will be enough to get them through retirement. Unfortunately, math and science are proving that this strategy is no longer working. The reason is that current retirees are faced with risks that prior generations did not have to worry about, and current retirement plans are not designed to eliminate these risks. In this course, you will learn about 8 financial risks facing your retirement and what you can do to reduce or eliminate each of them so that you can get to a safe and secure retirement.
- Recognize why the “old paradigm” of retirement planning no longer works
- Identify 8 financial risks facing your retirement
- Determine how each one of these risks will affect your retirement
- Identify how you can reduce, or even eliminate each of these risks