Retired or Nearly Retired? 2024 Is the Time to Focus on Risk Reduction

Retired or Nearly Retired? 2024 Is the Time to Focus on Risk Reduction

- in Annuities, Contributors, Featured, Income, Retirement
174
Comments Off on Retired or Nearly Retired? 2024 Is the Time to Focus on Risk Reduction

The future ain’t what it used to be,” the inimitable Yogi Berra once said.

Yogi knew the future is unpredictable. No one in 2019 could have predicted a devastating worldwide pandemic in 2020.

Nevertheless, we can look to the past for hints on how the next year may play out. Today, history suggests that financial risk reduction is a sound strategy for 2024, especially if you’re within 10 years of planned retirement or are already retired or semiretired. It’s always a good strategy for this age group but is especially germane today.

Read more at Kiplinger

You may also like

MONEYWATCH Planning on retiring at 65? Most Americans retire far earlier — and not by choice

The median retirement age for Americans is actually