Michael Joyce, who advises those approaching retirement. He is pictured, smiling, in a blue suit and tie

Michael Joyce spoke with Rachel DePompa of NBC12 recently. He reminded her that investors should contact a financial advisor to understand their risk tolerance if they are approaching retirement. They may live many years after leaving the workforce! “You can’t start to think about your nest egg as a short term goal. You’ll still need it for many years to come.” Even if an investor is about to retire, they may live 30 years or more in retirement. Michael says that you have to get more conservative with your money as you inch close to leaving the workforce– but you also need to make savings last.