Will I Run Out of Money in Retirement?

One of the most common dilemmas retirees face is finding the right balance between financial security and enjoying the fruits of their labor. Financial advisors strive to address this dilemma by determining a safe withdrawal rate, assessing the risk level of the client’s portfolio, and customizing an investment strategy that provides a balance between financial security and enjoying retirement. This approach aims to strike the delicate balance between prudent financial management and the ability to savor the joys of retirement without the fear of outliving one’s savings.