The Smart Retirement Strategy: How to Update Your Retirement Plan
United States, 2nd Mar 2024, King NewsWire – Crafting a robust retirement plan is a collaborative effort between you and your financial advisor. However, the journey doesn’t end once the plan is in place; periodic reassessment and updates are crucial to ensure its relevance and effectiveness over time.
Determining when to revisit your retirement strategy depends on various factors. Significant career changes, such as starting a new job, resigning, or facing a layoff, warrant a review of your financial plans. Likewise, milestones like promotions, salary increases, or venturing into entrepreneurship necessitate reassessment. Whether you’re launching or selling a business, these events significantly impact your financial landscape and require strategic adjustments.
Life events affecting you...