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Retiring can feel like an overwhelming change in your life. If you've been planning for it properly, money is one thing you don't have to worry about! However, if you're nervous about managing your retirement account, know that there are strategies to ensure your retirement savings last. In this article, we'll go through 4 rules for investing in retirement so that you can make the most of your golden years.
1. Don't Be Too Conservative
Being too conservative might seem impossible, but when it comes to retirement investments, it is easier to do than you might expect.
Today, longevity is increasing, and retirement can often last much longer than it did even 30 years ago. According to the Social Security Administration, a 65-year-old man can anticipate living to almost 85 years old. Similarly, 65-year-old women often live past the age of 86! Remember, these ages are just averages, too; many people live well into their 90s in today's world....