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The Importance of a Post-Retirement Strategy
If you’ve retired from the workforce but haven’t filed for Social Security benefits, most financial advisors would advise you to hold off as long as you can (by the way, take a look at our recent post on this issue for more thoughts on the early filing decision) as part of a strategy to prepare for the duration of retired life. Financial folks will also tell you to keep at least part of your resources in investments, and at the same time help you set a careful draw-down strategy to preserve your financial assets. All of these thoughts constitute the basis of a sound post-retirement strategy, as explained in this post by The Motley Fool’s Christy Bieber in a post on finance.yahoo.com. Check it out here…