How Do You Structure An Investment Portfolio For Retirement?
Americans are living longer these days than in times past. As a result, many people’s retirement portfolios will need to stretch farther than they once did. Before reaching your retirement years, take steps to help your retirement portfolio stand the test of time. Understand that as you approach retirement, your investment portfolio needs to keep growing to help assure you have enough money to maintain a comfortable retirement. Look over your portfolio yourself or with a financial advisor to determine whether you will be able to retire at the age you have determined. If necessary, plan to work a few years longer to accumulate additional funds. Assess your current cash flow by creating a realistic budget. Writing down detailed information about your spending and expenses will help keep you from underestimating your retirement needs. Consider whether your mortgage will be paid off by the time you retire or whether you’ll be paying rent into your retirement years. Remember to include expe
