You face risks every day and in every stage of life. But retirees face some unique challenges that are important to talk about and plan for. In today’s episode, Liz and Marc explore the 4 risks unique to retirees, their potential impact on your financial future, and what steps you can take to prepare.Here’s some of what we discuss in today’s show:Accumulation vs. decumulation Why the timing of market returns can impact your nest egg in retirementThe risk of outliving your savingsHow tax strategies can help minimize what you owe and maximize what you keepHaving a plan for unexpected expenses, like healthcare costs, natural disasters, and moreThe article that inspired today’s episode:https://www.advisorperspectives.com/articles/2023/01/03/the-four-unique-risks-in-decumulationSubscribe to Liz's YouTube Channel: Best Path Advisors - YouTube

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