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Investing Specialists

What Retirees Can Do When Money Runs Short

Small living adjustments or an annuity can be an effective solution.

Sometimes, life just isn't fair. Despite lifelong saving and careful planning, the universe can throw a monkey wrench into your long-term security. In my role as a financial advisor, I've seen this happen in various ways:

  • The market dives just as retirement begins--and it coincides with a period of higher expenses.
  • An adult child gets into legal trouble, and parents foot the big legal bills.
  • The retiree or an adult child goes through a costly divorce.