Planning for retirement is never a “set it and forget it” task. There are unexpected disasters, market drops, and changing laws that could cause retirees to reevaluate their financial situation. Ultimately, there’s no way to predict everything that will cause market downturns. However, you can prepare yourself for one by having a solid financial strategy in place.
As individuals transition into retirement, one of the most important considerations becomes how to generate reliable income from accumulated assets. A laddered income strategy for retirement is one approach that can help