When companies had to shut down due to the pandemic, many found themselves in a surprising situation - retirement. Although retirement has always been featured as the “golden years,” of our life, when we sit back, relax and enjoy life on our terms, there are risks to be aware of.
The volatile market, taxes, and long-term health concerns are all risks to look at before retirement. It's important to understand things like what money you can stand to lose in the market, the rising cost of healthcare for routine care like co-pays and prescriptions, as well as risks for catastrophic illness later in life.
The experts at Finley Alexander Wealth Management can help wade through the risk vs. reward of early retirement, including making sure all necessary documents are in order.
Learn more here.