Fear does strange things to people. It can motivate us to take immediate action when a threat is imminent, or it can cause us to retreat, cover up the issue, and hope it will go away. Retirees have many financial concerns. But their biggest one -- the one that can be connected to all of the others -- is running out of money. This fear often causes them to either be frugal to a point beyond reason, or to ignore their finances completely and just pray it all works out.Neither option is ideal.
What if we told you that just by using a few simple planning techniques, you may be able to lose those fears for good? You may have a lot less to fear in retirement. Find out more on this week's episode of Managing Your Financial Future.