Taking a retirement fiscal physical
As you go through life and take care of your finances, it is important that you do a yearly evaluation, this is especially important for your retirement accounts. Your financial situation changes every year, your needs change, and your plan should change as well. So, give yourself a fiscal physical each year, just as you would a medical physical. This will help you determine if your retirement is going to last, and how you can live on it. When discussing your finances with your financial advisor, and doing your retirement fiscal physical, consider the following four areas:
