Planning for retirees is extremely important and arguably more complex

BY CHRISTOPHER TAN

WHENEVER we talk about retirement planning, the focus has almost always been on accumulating towards retirement. Very little has been said about withdrawing during retirement.

But planning for retirees on how they can spend in this phase of their lives is extremely important and arguably more complex than accumulation. This is because some of the risks faced in retirement are not only unique to retirees, but if they pan out, they can also disrupt retirees' lifestyle. These 5 risks are: