Your 50’s is a time when you see the fruits of your labor come to fruition. This is typically the period where you will earn the highest income.
As you enter into your 40’s you might feel a sense of financial stability as your career and income have most likely stabilized. However, you might also feel challenged as your obligations may have increased and left you unsure of how to prioritize them.
A lot of the discussion surrounding retirement planning focuses on how to build your nest egg. While it is certainly important to create a long-term financial plan spanning multiple decades, we believe there also needs to be a conversation with regards to safeguarding your nest egg once you do reach retirement.
Welcome to the Paragon Podcast. In this episode Evan Shorten discusses the 6 financial risks of retirement. A lot of the discussion surrounding retirement planning focuses on how to build your retirement nest egg. While it is certainly important to properly plan for the long-term while creating your nest egg, we also believe there needs to be a discussion with regards to safeguarding your nest egg once you reach retirement. Enjoy!