Skip to content
Home » Blog » Solutions For Retirement Risks As Per William Schantz

Solutions For Retirement Risks As Per William Schantz

Solutions For Retirement Risks

Retirement is one of the realities of life that people don’t think about often. However, as it approaches and a person gets closer to becoming jobless day by day, retirement risks start to seep into their minds. Then, there are some people who have always thought about the finish line as they grew up, had a study path, and then a six-figure salary with a certain amount always saving into the retirement fund. In both cases, people are bound to have fears about how they will live a life without a job.

Retirements Risks-explained by William Schantz

Thoughts like what if a chronic illness develops in me? Or what if the investments that I have made tank? Or how will I manage my family after retirement? There are a lot of “what ifs” to make a person anxious and thoughtful in life; as William Schantz explains, these fears are from the present economy. Skyrocketing rates of commodities, healthcare getting expensive, and low-income support opportunities for older people have instilled a fear in people that they will outlive their money.

However, William Schantz presents solutions for these issues, and by following them, people can certainly have a higher chance of living a retired life with comfort and care.

Solutions For Retirement Risks: By William Schantz

Manage Social Security

Instead of making an early claim to social security, delay it as much as you can. Use the saved funds; if you claim it after 70, you can save a lot more than you would if it is claimed at 60.


Choose a proper annuity as an income generator after retirement. However, there are certain risks in it, so always consider taking advice from a pro and get knowledge related to the pros and cons.

Is Your Investment Pattern Feasible?

The third important factor to look for is the pattern of investment you have. As you approach retirement, it is best not to take high risks; instead, change the style to conservative investments. However, make sure you have a diverse investment portfolio so that inflation does not affect it.

Choose The Investment Options That Grows With Time

The best way to ensure that the price of your assets grows as inflation increases are to invest in real estate and gold, or any commodity that doesn’t get affected by the changing prices. Hence, the reverse scenario doesn’t lose its value in the long run.

Make Plans For Long-Term Issues

You can face any life-threatening crisis at any time of life, but the danger increases with age, so the goal should be to save as much as you can in the care fund and not rely on the healthcare provided by the government.

Use a Health Saving Fund

A health care saving account has low tax deductibles, and you can access this money in any crisis. It is a smart plan to take care of yourself after retirement. 


These solutions mentioned by William Schantz can help people plan their retirement, but the key to successful retirement life is to start saving from today.