You are using an older browser version. Please use a supported version for the best MSN experience.

This is how you avoid financial ruin in retirement, experts say

Cheapism Logo By Mia Taylor of Cheapism | Slide 1 of 25: Most of us work decades to create a sufficient nest egg to fund retirement. But after you bid farewell to the 9-to-5 grind, it's important to manage that money carefully to avoid a crippling financial disaster during your golden years. This effort includes everything from avoiding risky financial moves to keeping on top of your cash flow, and preparing for life's unexpected emergencies. We asked financial experts across the country to weigh in on the best ways to avoid financial ruin during retirement. Here's what they had to say.Related: How COVID-19 Is Changing Retirement in America

Dodge These Financial Bullets

Most of us work decades to create a sufficient nest egg to fund retirement. But after you bid farewell to the 9-to-5 grind, it's important to manage that money carefully to avoid a crippling financial disaster during your golden years. This effort includes everything from avoiding risky financial moves to keeping on top of your cash flow, and preparing for life's unexpected emergencies. We asked financial experts across the country to weigh in on the best ways to avoid financial ruin during retirement. Here's what they had to say.

Related: How COVID-19 Is Changing Retirement in America

© Nattakorn Maneerat/istockphoto

More from Cheapism

AdChoices
image beaconimage beaconimage beacon