Many people fear running out of money in retirement, but there are ways to address this concern. Creating and sticking to a retirement budget, coming up with a safe withdrawal strategy, boosting guaranteed income streams like Social Security, and ensuring your portfolio is set up for growth are key steps to take. By taking these actions, you can minimize the fear of financial disaster in retirement and enjoy your golden years with peace of mind. It’s important to plan ahead and make strategic financial decisions to secure your future.

Read more at Nasdaq: Worried You’ll Run Out of Retirement Money? It’s a Valid Concern, but Here’s How to Address It