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Even in Retirement, It’s Important to Stay Financially Vigilant
In this post, Kiplinger contributor Ken Heise, an Investment Adviser Representative and a Registered Financial Consultant, offers some advice for those who have reached the retirement stage and are enjoying the rewards of their careful financial planning. It’s a bit of a cautionary article, but it points out the importance of recognizing that taking your eye off the ball in those retirement years can quickly undo what you’ve worked long and hard to achieve. He examines three primary pitfalls to be avoided: not adjusting your investment strategies in retirement, not guarding against major market swings, and not accurately assessing the implications of income taxes after leaving the workforce. All in all, a worthwhile read to ensuring that your finances will stay on track for the long-haul. You can access the Heise article here…
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