Joseph Patrick Roop of Belmont Capital Advisors highlights the alarming statistic that 45% of Americans may run out of money in retirement despite financial planning. He identifies four critical mistakes retirees make: underestimating healthcare costs, failing to adjust spending, overlooking inflation, and not adequately diversifying investments. Roop emphasizes the importance of a well-rounded retirement strategy, encouraging individuals to seek professional guidance to avoid these pitfalls and ensure financial security throughout retirement.
Read Full Article Here: https://www.ibtimes.co.uk/45-americans-could-run-out-money-retirement-despite-financial-planning-4-mistakes-avoid-1727194
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