7 HIDDEN RETIREMENT RISKS DEVELOP A RETIREMENT PLAN SO YOU WON’T RUN OUT OF MONEY
BOND RISK When interest rates rise, bond prices fall, and vice versa. The higher a bond’s duration, the greater its sensitivity to interest rate change. INFLATION RISK
When people think about retiring, their No. 1 fear is running out of money. Below are seven risks you run the chance of facing when you plan and go into retirement. LONGEVITY The average life expectancy has increased over the years. Make sure that your retirement plan takes longevity into account, so you won’t run out of money — no matter how long you live. LOSS OF INCOME Make sure both you and your spouse are protected from the unexpected. There is a significant financial impact from the loss of one spouse. Your surviving spouse will only get the highest of your two Social Security checks, not both. INCAPACITY RISK Longer life expectancy could lead to high costs when staying in a long- term care facility. Plan to pay for the costs if you need long-term care, but don’t overspend on policies that can further increase costs. NEGATIVE RETURN RISK A 50 percent gain does not allow a portfolio to recover from a 50 percent loss. 100 percent gain is required to restore a 50 percent loss.
You should plan on prices for food, goods, and services getting higher during retirement. Reduce your buying power incrementally as you are living on a fixed income. HEALTH CARE COSTS
Medicare is not free. Your premium for coverage is usually deducted from your Social Security check.
Once you have a retirement plan in place, it’s not set in stone. Things change. That’s why we at DuPont Wealth Solutions focus on creating reliable retirement income when we develop your custom retirement distribution plan. Call DuPont Wealth Solutions today at 614-408-0004 to discover how we can help you plan for a better retirement.
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SPICY CHIMICHURRI GRILLED CHEESE
Add a nutritional punch and plenty of flavor to this classic American dish by swapping out white bread and processed cheese for something a little more creative.
For chimichurri: • 2 jalapeños • INGREDIENTS
For sandwiches: •
1 tablespoon olive oil
4 green onions 1/2 cup cilantro 1 clove garlic
• • •
1 ripe avocado, cut into slices 2–4 ounces fresh mozzarella 4 slices whole-wheat bread
• • • • •
2 tablespoons olive oil
Juice of 1 lime
2 teaspoons honey
DIRECTIONS
1. Pulse chimichurri ingredients in a food processor or blender until combined but not puréed. Add extra olive oil as needed. 2. Heat grill or skillet to medium-low. Brush outsides of bread with olive oil. Smear 1 tablespoon chimichurri on each slice of bread. Place a layer of avocado and cheese between slices. 3. Cook gently until bread is crisp and cheese is melted. 4. Slice and serve.
CAMPING FLIPFLOPS HAMBURGER JUNE
LEMONADE PICNIC POOL SMORES
SUNSCREEN SUNSHINE SWIMMING VACATION
Inspired by naturallyella.com
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