Retiring on Social Security alone can be risky, especially with potential benefit cuts. Investing in stocks is often recommended for growing retirement wealth, but what if you’re afraid of the stock market? It’s hard to build retirement wealth without some stock exposure, but steps like giving yourself time, maintaining a diversified portfolio, and rebalancing can help mitigate risks. Not investing in stocks for retirement poses the risk of a financial shortfall later in life. Consider these tactics to lower risks and earn an inflation-beating return. Don’t overlook Social Security secrets that could boost your retirement income by $23,760 per year. Join Stock Advisor to learn more.

Read more at Nasdaq: How to Invest for Retirement When You’re Scared of the Stock Market