No matter how well-prepared you may feel for life in retirement, none of us is immune to the challenges presented by market volatility, rising taxes and inflation and longevity.
Fluctuations in the financial markets, interest rates and the value of the dollar affect the price of the goods and services you use, which in turn has a direct impact on your wallet. The good news is that with proper planning you can develop strategies to minimize the following risk factors that threaten to erode your income in retirement.