For almost every retiree, their biggest fear is running out of money. You want your #retirement to be a fitting reward for a lifetime of hard work. But it's hard to know exactly how much money you'll need to achieve your unique retirement goals, without sacrificing your quality of life. In this video, Matt Burklund with @choosevault and @erinkennedytv break down the three biggest risks to your retirement nest egg:
1. Longevity Risk: Today, a couple at age 65 has a 50% chance of living beyond 90! 2. Changes to Social Security: A holistic financial plan will account for any future changes to Social Security 3. Inflation: high #inflation means you'll have to use more of your retirement savings each year to maintain your same quality of life.
Designing a holistic retirement plan that addresses these risks is key to maintaining your quality of life, no matter what. If you'd like to talk through your plan and whether your income streams are sustainable, please feel free to reach out to Matt by calling 425-256-3105 or by scheduling an appointment at ChooseVault.com
