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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…

 

This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.

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