I always enjoy reading articles that provide reminders of some retirement pitfalls to avoid. This week’s article identifies four: “Not Saving Early Enough”, “Understanding How Long You Will Live”, “Not Taking Into Account Healthcare Costs” and “Lack of Balance in Your Portfolio”. For the last pitfall the author writes “It’s important to have a balanced and varied retirement portfolio in order to reduce risk. One common pitfall is relying too heavily on one savings vehicle – it will be difficult to obtain consistent growth if your portfolio lacks diversity. For example, one product that can nicely supplement a 401(k) is a Fixed Indexed Annuity (FIA), which protects your principal from the uncertainty of market volatility.” We have always believed in FIAs and welcome your call if you would like to learn more about them.