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Investing Specialists

5 Retirement-Planning Blind Spots

Anticipate extra costs, portfolio shocks before pulling the ripcord on retirement.

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Your portfolio balance has gotten larger and larger. You've crunched the numbers, conferred with your spouse and family, and set a tentative date. You think you might be ready to retire.

But before you pull the rip cord and start relying on your portfolio--rather than your salary--for living expenses, it's wise to make sure you're not missing anything on the financial front.

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Christine Benz does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.