What are the risks of retirement investments?
Retirement investments can carry several risks, including market volatility, inflation, and interest rate changes.
Can you explain how market volatility affects my retirement savings?
Market volatility can lead to fluctuations in the value of your investments, potentially reducing your savings when you need them most.
What can I do to mitigate these risks?
Diversifying your portfolio, investing in low-risk assets, and regularly reviewing your investment strategy can help mitigate risks.
Are there specific investment options that are safer for retirement?
Yes, options like bonds, fixed annuities, and certain mutual funds are generally considered safer for retirement.
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