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Get good financial advice. This pays off
April 04, 2013
Discuss with a financial advisor how and when to withdraw money from your tax-deferred retirement accounts, such as employer-sponsored retirement plans and traditional IRAs.
Also periodically review your retirement portfolio to besure it’s well-diversified for the stage of life you’re in. While an aggressive approach is good in the early days of working, consider a more conservative investment strategy as you get closer to retirement.
This helps to avoid losses to principal that could mean having to postpone retirement or struggle financia lly.
If you do not already have a financial advisor, now is the time to find one. Visit http://www.napfa.org/ to find a fee-based financial planner that can work with you based upon your retirement objectives and time frame.
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