Retirement Planning Retirement Planning

Retirement Planning

Investing shouldn't stop when retirement starts. Even if you are already retired, you've probably got many years ahead of you; most people will have 15-20 years of retirement, and this number keeps increasing. Don't immediately shift all your money into fixed-income and money market investments. You should still be planning relatively long term, probably a mix of growth and income. You should also consult a professional to discuss your unique situation. If you don't meet your retirement goals, there are still some options. Determine the average rate of return on your investments before and after retirement. Stocks have a good track record for long-term growth, so invest a portion of your money in stocks that will grow your savings faster than inflation.