Reported about 11 hours ago
Retirement can be a daunting time, especially amid uncertain market conditions. New retirees should focus on what they can control, such as adjusting their spending and safely managing cash flows from their portfolios. Key strategies include pulling funds from safer assets, delaying Social Security benefits to maximize lifetime income, revising inflation protection through inflation-protected bonds, and considering tax-saving strategies during this transition. Understanding these elements is crucial for ensuring a stable financial future.
Source: YAHOO