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To supplement your Social Security income, you also will need savings, investments, pensions, or retirement accounts to make sure you have enough money to enjoy retirement. Generally speaking, younger investors can absorb more risk of financial loss than an older investors, but knowing your risk tolerance and what investments are suitable for you is an important consideration in the planning process. Open the following toolbox to find resources that can expand your financial literacy and help you plan your retirement with confidence:
Handing your hard-earned money over to a fraudster or unscrupulous investment professional is, without a doubt, the worst investment anyone could make. Know your legal rights as an investor as well as the questions to ask that may reveal the warning signs of a possible investment scam.
Take the time to ask the right questions and verify the answers before you purchase a financial product. Complete the worksheets below to help you make an informed decision: