Rocky Markets & Retirement Risks

Despite some ups & downs in the markets, many Americans are still heavily invested in their 401(k)s  - and that could create unexpected risks as retirement gets closer. On this week’s episode, Laurel & Taylor Steward of Mattson Financial Services discuss why having a large balance doesn’t always mean you’re protected, and how retirees and pre-retirees can avoid some of the biggest mistakes tied to overconfidence in the market. We’ll break down the hidden dangers of relying too heavily on retirement accounts, including sequence-of-returns risk, Required Minimum Distributions, Medicare IRMAA surcharges, and the growing tax burden many boomers may face later in retirement.

Plus, we’ll explain why diversification matters more than ever and how to build a strategy designed to weather both market volatility and long retirements. If your nest egg is concentrated in a 401(k), this episode will help you think beyond account balances and focus on creating a retirement income plan that works for your individual dreams, goals and desires. Connect with our team for a retirement review at www.MattsonFinancial.com.