Delaware Life has partnered with BlackRock to offer a fixed indexed annuity providing indirect exposure to Bitcoin, signaling growing institutional adoption of crypto within traditional retirement products.
For those preparing for retirement, it’s essential to be aware of common pitfalls that can jeopardize a comfortable and secure post-work life. One such mistake lies in underestimating future expenses, leading to financial strain during retirement years. Overspending during early retirement can deplete savings rapidly, while neglecting healthcare costs can create a significant financial burden later on. Additionally, failing to consider inflation’s impact on purchasing power can result in a decline in the retiree’s standard of living over time. By recognizing and avoiding these careless mistakes, individuals can enhance their chances of a financially secure and fulfilling retirement.