Broker Check

Retirement Traps

October 28, 2020
Share |

October 28, 2020

Do you remember a board game called Mouse Trap? For a little boy that loved tinkering with things, it was the perfect mix of competition, science, and fun. I haven't played it for decades but I would sure love to get my hands on it again.

Well, this week, we've put together a little board game for you to explore called Retirement Trap. It may not provide the exact same sense of excitement that I got when that little cage rattled down the pole to encapsulate that tiny mouse - but the practicality and application of this may be a bit more helpful in the grand scheme of life. After all, I haven't had to worry about actually catching too many mice in my house over the years, but even if I did, I'm not sure that game would have effectively prepared me to do so!

With that being said, let's take a look at some of the twists and turns you are likely to face in retirement.

Market Volatility

Inflation

Healthcare Costs

Lifespan

Expectations

CONGRATULATIONS!

Sources