It’s not your father’s retirement any more. Few companies offer pensions. Returns on fixed investments are paltry. People are also living longer. After working 30 years, it’s not uncommon to spend 30 more years in retirement.
Your nest egg has to last a long time and you may be worried that you haven’t saved enough or that you’ll outlive your savings. What’s the key to making your money last?
Here are Sharon Epperson’s five strategies that may help investors to not outlive their money.
• Rethinking the 4 Percent Rule
• Self-Employment Can Help Boomers, Retirees Stretch Savings
• Want Retirement Protection? Some Investors Are Trying This
• Less Is More: The Benefits of Downsizing in Retirement
• Boomers Find ‘Second Acts’ Pursuing ‘Encore Careers’
See what financial experts had to say on NBR:
• No ‘One Size Fits All’ When it Comes to Financing Retirement: Adviser
• Investment Tips For Your Retirement
—Follow Sharon on Twitter @sharon_epperson
