Why Some Delay Retirement

Andrew and Mo discuss reasons why some may decide or need to delay their retirement start date.  Reasons include having not saved enough, not accounting for taxes, relying exclusively on Social Security, and sequence of returns risk.  They also go over some last-minute financial moves you can consider before launching your retirement.  Those include reducing portfolio risk, maximizing 401(k) contributions, planning your Social Security and Medicare strategies, and exploring long-term care protection options.  Andrew and Mo then show how we need to factor in longevity to avoid some risks that can come with that including too much risk, outdated withdrawal strategies, and improper rollovers. You can reach Andrew Nida and Mo Piram by calling 855-792-5855. Asset Management GroupSee omnystudio.com/listener for privacy information.