INTRODUCTION

Different people envision their retirement era in many different ways. Some people view it as the time to travel, relax, spend time with loved ones, farming, focus on hobbies, etc. While many individuals have different perspectives on the retirement era, it is clear that there is a common base, financial stability. What can possibly go wrong?

A risk is defined as the possibility of unexpected result. In this context, we will examine the risks that can occur during the retirement era. The first technique of risk management is risk identification. This article outlines the risks to expect during retirement and possible ways to mitigate them.

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