Step 3: Manage Your Income

In the years leading to your retirement, your focus was on accumulating wealth and maximizing your 401(k) or IRA contributions.

Now, as you get closer to or are actually in retirement, that focus changes to preserving your wealth and making sure that your portfolio can cover any costs (expected and unexpected) that you may encounter during this stage of your life.

  • Not FDIC Insured
  • No Bank Guarantee
  • May Lose Value