TYPES OF POST-RETIREMENT RISKS

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Sweethoney
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PostSweethoney on 2nd November 2012, 4:29 pm

The society of Actuaries (SOA) in the United State identified numbers of post-retirement risks that could affect retirees and their financial security. Those preparing for retirement or already in retirement should consider these risks when making plans for the future:

Personal and family risks- Changes in your life or the life of a loved one that could impact your retirement income stream.

Health care and housing risks- These include the risk that failing health will require moving to a facility with professional caregiver.


Financial risks- These risks revolve around inflation, investments and stock market activities.

Public policy risks-These risks involve government decisions that could affect retirees.


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