Political Office-Bearers Pension Fund
Political Office-Bearers Pension Fund

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Understanding Your Retirement Risks

The key risks you must understand and manage when deciding how to use your retirement savings.

Having defined your needs, you need to consider what key risks you face in meeting those needs after retirement, and how you can manage these risks.

Most people associate the word "risk" with bad outcomes. However, the "flip side" is that taking risks also creates the opportunity for very good outcomes. In managing these risks, you should be most concerned about minimising the chance of outcomes that would cause you a great deal of pain and regret.

In the next section (Three risks you face), we explain three important risks you must understand in order to best use your retirement savings to meet your needs.