When saving for retirement, there’s nothing wrong with feeling concerned about your financial future during your golden years. Today we’ll explore the issues most people are concerned about, and whether they’re the right things to be concerned about.
Let’s start with a recent article in Barron’s that explored what clients weren’t telling their advisors about their concerns:
The Allianz 2021 Retirement Risk Readiness Study found that 71% of participants were worried about the rising costs of healthcare, 67% were worried about rising costs of living, and 66% were worried that market downturns would affect their savings.
Whether already in retirement or saving for retirement, Americans are concerned about the same things.
Continue reading “The Psychological Trap that Leads to Bad Investing Decisions”
