You’re close to retirement and ready for this next phase of life. Chances are, you know your way around your finances and feel confident in your capacity to make decisions regarding your retirement future. Whether that means traveling the world, relaxing at home, or spoiling your grandchildren (maybe even all of the above!), you’ve got big plans for the years to come and a strategy to help you do it all without having to worry about money.
You’ve always trusted your own research and instincts. You’re likely the kind of person who prefers to devise your own retirement strategy and make changes as the market demands, instead of seeking guidance from an advisor. Of course, there are unforeseen life events that could slow you down but you feel like you can pivot easily enough if the unexpected occurs.
Your Next Steps
You’ve taken charge of your financial future and you’re in great shape. However, should circumstances change, check in with your employer to see what resources you may already have available to you. It is worth considering workplace benefits like the option to add an income annuity to your retirement strategy. Especially as you reach your later years, you may find that a simple, guaranteed paycheck is easier to manage than a complicated portfolio. To learn more, visit www.metlife.com/retirement-income-tool for a planning tool that can give you a financial snapshot of what your monthly cash flow may look like in retirement.
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