Retirement preservation refers to the steps you can take to protect and preserve your retirement savings so that you can maintain your standard of living throughout your retirement years. Here are some basic tips to help you preserve your retirement savings:

1. Set a retirement budget: The first step in retirement preservation is to create a budget that outlines your expected expenses in retirement. This will help you determine how much income you'll need and how much you can afford to spend each year.

2. Minimize debt: One of the best ways to preserve your retirement savings is to minimize your debt as much as possible. This includes paying off your mortgage, credit card debt, and any other loans you may have.

3. Invest in a diversified portfolio: Investing your retirement savings in a diversified portfolio can help protect your savings against market volatility. Consider working with a financial advisor to help you create a portfolio that is tailored to your needs and risk tolerance.

4. Avoid risky investments: While it's important to invest your savings, it's equally important to avoid overly risky investments that could potentially jeopardize your retirement nest egg. Stay away from get-rich-quick schemes, speculative investments, and any investment that promises a high return with little risk.

5. Consider delaying Social Security: Delaying your Social Security benefits can help maximize your retirement income and preserve your savings. The longer you wait to start taking benefits, the higher your monthly payments will be.

6. Use tax-efficient withdrawal strategies: Withdrawals from traditional retirement accounts like IRAs and 401(k)s are taxed as income, so it's important to use tax-efficient withdrawal strategies to preserve your savings. This may include taking advantage of Roth IRAs or other tax-advantaged accounts.

7. Plan for healthcare costs: Healthcare costs can be a major expense in retirement, so it's important to plan for them. Consider investing in a healthcare savings account or long-term care insurance to help offset these costs.

In conclusion, preserving your retirement savings requires careful planning, smart investing, and a long-term perspective. By following these basic tips, you can help ensure that your retirement years are comfortable and financially secure.