Howard Pressman Featured in USA Today article, "5 steps to ease your worries about money, health in retirement"
May 16, 2018, USA Today - What keeps you up at night when you think about retirement?
We asked financial planners what their clients who are planning for or living in retirement worry about and what can be done to alleviate those worries.
“Retirees don’t like to see their net worth declining,” says Howard Pressman, a financial planner with Egan, Berger & Weiner in Vienna, Va. “Strong market returns over the past few years have enabled clients to enjoy their retirement while also increasing their net worth,” he says. “But as returns come closer to long-term norms, and client spending continues, some are finally seeing their assets decline, and they don’t like it.”
If this is your worry, ask an adviser to run your numbers through a financial planning program. Such an exercise will give you confidence that your plan is sound, or that it needs to change. The worst thing to do is worry and take no action.
Read the rest of the article here.