Golden Years Glory: 10 Tips for Effective Retirement Planning

Published Sunday May 28 2023 by Michael Hoffman

5. Regularly Review and Adjust

Your financial situation and the economy are not static; they will change over time. Therefore, it’s essential to review your retirement plan at least annually.

Life events like marriage, having children, or changing jobs can significantly impact your financial situation and, consequently, your retirement plans. Regular reviews allow you to make timely adjustments, whether it’s increasing your contributions or rebalancing your investment portfolio.