December 28, 2014

Can you retire on $1 million?

With all the hard core investing and retirement planning info in this blog it's time for a bit of humor, courtesy of John Waggoner of USA Today. "If you read any financial advertising, you know that your savings are inadequate, and you're likely to freeze to death in the dark a few weeks after retirement. For this reason, most Americans' retirement planning involves keeling over at their desks, or, failing that, starting a bomb-disposal unit as a retirement business." Waggoner goes on to explain some basic concepts essential to understanding the draw-down process of living on your nest egg in retirement and the importance of Social Security. Enjoy learning from his excellent writing:

1 comment:

  1. Financial planning is really important, for every age. If you are young, you should start budgeting to plan for retirement. This way, you will have the peace of mind that you will be taken care of when you are old.
    Mark Leach |


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