As retirement draws near, managing your 401(k) investments becomes increasingly crucial. Check out the tips below to make sure you're ready to retire with confidence.
As you approach retirement, it's essential to reassess your risk tolerance and adjust your asset allocation accordingly. Consider a more conservative investment approach to protect your savings from market volatility. A Future Capital Professional can help you balance growth and stability in accordance with your particular retirement timeline and goals.
Reassess the income you'll need after retirement.
An informed withdrawal strategy is crucial for managing your 401(k) investments during retirement. Determine a sustainable withdrawal rate that ensures your savings last throughout your retirement years. A Future Capital Professional can provide valuable insights as you create an effective decumulation plan.
Continue to engage with your investments.
While your actual retirement marks a significant milestone, it doesn’t mean your involvement with your 401(k) should stop. Ongoing engagement allows you to actively monitor your investments, make necessary adjustments, and manage your financial security for the long term. Stay informed about market trends, economic changes, and new investment opportunities.
We help people just like you.
“So many people told me to have a plan for retirement. Future Capital not only helped me build a plan, but also put it into action.”
Marlee Harb
Participant Investor
Proactive planning and ongoing engagement are key to a confident retirement.
By evaluating risk, creating a withdrawal strategy, and conducting regular portfolio reviews, you can help to ensure that your 401(k) investments are effectively managed to support your retirement goals. A Future Capital Professional is happy to provide guidance and support as you accomplish your well-earned retirement.