Make sure to invest according to your tolerance for risk and your time horizon. Market volatility may cause portfolio values to fluctuate. If the market drops or corrections occur early in retirement, the portfolio may be unable to provide the necessary income for the lifestyle desired, or the portfolio may simply run out of money too soon. Pre-retirees must consider how investments should be allocated as they get closer to retirement.
Insurance and investment products: Not FDIC Insured - No Bank Guarantee - May Lose Value.