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Hidden Fees, Unintentional Wealth Transfers and Other Lurking Retirement Hazards

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As much as everyone looks forward to retirement, people aren’t always as careful as they should be about planning for those post-career years. The result: They and their portfolios trip over hazards that could have been avoided.

For example:

  • A financial fee they didn’t even know existed slowly eats away at their investment gains.
  • Bad luck and a bad market in the first years of retirement put a substantial dent in their savings.
  • A slew of metaphorical coins slip through a hole in their portfolio “pocket.”

It doesn’t have to be that way. Let’s take a look at just three things you can do to help reduce the risks lurking out there and improve the odds of a joy-filled, rather than anxiety-filled, retirement.

Creating the right asset mix

Many people make a big mistake with how they invest their savings. They don’t adjust their asset mix to ease up on risk as they near retirement. Then the market jigs when they need it to jag and potential disaster…

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