After working long and hard for many years, the idea of retiring is very appealing. However, you do not want to just decide to retire without proper planning.
There are 6 important things to consider before retiring.
If you are planning on retiring, the market volatility influences your retirement account when you have stocks or bonds. The factors that impact volatility include the state of the economy, current events in the world, taxes, changes in the industry, political unrest, natural disasters and war. Expanding your money out over different types of investments could help control the risk involved. It is important to keep track of your portfolio, and make sure it is aligned within your goals. Make sure your accounts are flexible, so you can make changes when needed.Continue Reading