You may have heard the adage “you only live once” as it applies to pursuing opportunities and taking risks. But what does this saying really mean? While we agree that “you only live once”, you could also take it to mean that you should think wisely and avoid mistakes.  Preparing for retirement is not a time to throw caution to the wind, nor to take risks that we can’t correct in our remaining lifetime. Retirement is a time to enjoy yourself, however, it’s also the time when you need to be most cautious.  If you’d like to learn about some

We found an article recently from AARP that might interest you. It referenced a “safety-first” approach, which is something we have always believed in. The idea is to cover all of your essential expenses with guaranteed sources of income, meaning sources like Social Security, pensions, and annuities that pay you an income you can’t outlive.  If you’re married, your essential expenses should cover not only yourself, but also your spouse as well. Call us if you’d like to review your expenses and your sources of income to see if they’re measuring up to what your needs are. We’re always here

Whether you are approaching retirement age or are decades away, you need to be thinking about what the safest place is to keep your money. Too many times retirees are left empty-handed because they put all of their savings into a risky investment, or failed to ensure they had the risk tolerance to absorb market volatility. Call us for some ideas and options you may not have considered. We’re always here to help.