This 5-minute retirement planning video by Fisher Investments highlights important topics to consider as you plan for retirement. It covers three key points:
- Retirement planning risks: Do you know your investment time horizon? How long do you want and need your money to last? Have you considered inflation in your retirement planning?
- Investment goals in retirement: How much money do you need to last for your retirement? Do you have a good understanding of your cash flows needs, and how much growth your portfolio will need through retirement years?
- Retirement investment strategy: As you plan for your retirement have you considered how much growth will your portfolio need to meet your goals? How can additional retirement planning considerations such income, taxes and individual restrictions impact your portfolio strategy?
Finally, is professional investment help right for you? If yes, how do you select the right advisor for your retirement planning needs? The video raises important questions you should answer before hiring an advisor.
Learn more about retirement planning in our popular guide called "The 15-Minute Retirement Plan."