Do you remember the last recession? How much of your retirement did you lose? How long did it take for you to regain the money you lost?
The only real question is, now that you are retired or approaching retirement, how much can you afford to lose?
Every client has a different goal for their retirement. You may be looking for guaranteed income for life, portfolio growth, diversification, safety, tax-free retirement, or just some advice on what to do with your 401k.
Understanding your options may determine how long your retirement last.