Just because you retire does not minimize the importance of your credit. How you manage finances during retirement can impact your credit and thus your ability to borrow or increase your pay interest rates.

Take a look at some of the potential financial surprises in retirement – and how you can prepare for them.

While it is possible to take a lump-sum payment, invest it wisely, and benefit from the situation in various ways, it’s important to remember that you are fully responsible for making that lump sum last throughout your entire retirement.

Americans’ top worries about crime are “having your personal, credit card or financial information stolen by computer hackers” and “being the victim of identity theft” according to a Gallup survey published in late 2017. In a world that is going increasingly digital, we must all adapt, and retirees are no exception

More people are waking up wondering, “Could this be the Big Correction everybody’s been worried about?” I can’t answer that question, but I can tell you that a major correction is inevitable. Will it be 10%, 20%, 40%? Who knows what will happen.