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The road of retirement should be paved with more than good intentions. Soon-to-be retirees should develop and follow a retirement income plan that balances current lifestyle with the long-term sustainability of the retirement portfolio.
Retirees and their advisors should thoughtfully establish a spending plan to balance the desire to maintain a consistent lifestyle with preserving assets for a retirement that could last 30 to 40 years.
The Road of Retirement series provides some best practices for accomplishing this balance.
HOW TO ORDER
To order The Process of Managing Retirement Income kits go to www.Thornburg.com/RoadOfRetirement. The individual articles in this series are also available for downloading from the same web site.
Following these strategies does not assure or guarantee sustainability of a retirement portfolio or better performance, nor do they protect against investment losses.
The views expressed in these articles are subject to change.
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