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5 Risks That Could Affect Your Retirement Plan

ivon t hughes

December 3, 2013

 

by

Ivon T Hughes

 

 

Lets shed some light on the risks that could affect your retirement lifestyle.

 

Below are 5 risks that I can help you reduce, by working with you and creating a retirement plan that looks after your future.

 

5 Retirement Risks

 

1 Longevity risk

Your retirement could last over 30 years - you'll need a balance between withdrawing enough money to support your lifestyle and making that money last as long as you live.

 

2. Inflation risk

Rising prices could decrease the size of your next egg and affect your plans for retirement.

 

3. Market risk

Negative returns right before you retire could sharply decrease the amount of money available to do what you want to do.

 

4. Health risk

As your health changes with age, paying for medications and other health care expenses could cut into you retirement portfolio.

 

5. Mortality risk

If your spouse or partner dies, you may have less money available to live your vision of retirement.

 

Let's talk about getting ready for retirement

Call Toll Free: 1.877.842.3863

 

About the Author:

Ivon T Hughes is a leading expert in life annuities in Canada. His website LifeAnnuities.com is a recognized authority on annuities. He's also an established insurance and investment broker, licensed across Canada through The Hughes Trustco Group since 1972. Recently, he's been redefining how annuities are sold in Canada.

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The Hughes Trustco Group | Website: LifeAnnuities.com | Email: info@trustco.ca | Toll Free: 877-842-3863
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