risk management

 As you approach retirement, it may be time to pay more attention to investment risk.

If you are an experienced investor, you have probably fine-tuned your portfolio through the years in response to market cycles or in pursuit of a better return. As you approach or enter retirement, is another adjustment necessary?

Financial planning is a lot more complex than simply adding your hard-earned money to a savings account. There are many factors that are incorporated into a well-thought-out financial plan including risk, tax planning, inflation, age, life milestones, and time. As a result, it's crucial to have defined financial goals.