Once you retire, the goal is to make your money
last as long as possible. So now, instead of making sure your investments are in
line with your original plan, participants typically make the shift to a more
conservative investment strategy to reduce the risk of loss.
Investment types, like CDs, money market
accounts, bonds and guaranteed income funds can help protect your money and better
ensure (but not guarantee) your future income will be there. And not be exposed to
the risk a fluctuating market can bring.
Work with a financial professional to learn
about the importance of being a little more conservative and helping protect your