What's the one thing we all need to retire comfortably?
If you answered money, you're partially right. But meeting the financial challenges of retirement requires something even more essential - a plan. You need a strategy for growing your retirement savings and turning it into income that can last a lifetime. At Northland Wood Agency, we call this critical transition period The Retirement Red Zone, a time when careful planning and product action are essential.
Although everyone's Retirement Red Zone is unique, there are a number of fundamental issues we all face that make the road to retirement more challenging than ever.
CHALLENGES IN THE RETIREMENT RED ZONE:
Living longer: increasing life spans create the risk you will outlive your savings.
Rising costs: inflation, healthcare costs and taxes can erode your future purchasing power.
Market uncertainty: market volatility and low interest rates can have a devastating impact on your retirement income.
Let Northland Wood Agency help you with all aspects of your retirement planning. Give us a call or send an email today.