Retirees have been told that, especially given the increasing number of years spent in retirement, they need to maintain a sizable position in equities. It turns out, however, that maintaining a healthy equity allocation in retirement may not be as beneficial for retirees as believed: The author of today’s article analyzed a number of different retirement funding scenarios and came to the conclusion that the benefit to retirees of increasing their equity allocation is actually very modest. For more, CLICK HERE.
Tag: Retirement Years
Retirement “Super-Savers”: What Can They Teach You?
“If you’re like most people, you have less than $75,000 saved for retirement. Yet, you keep hearing that you need upward of $1 million to make it through your retirement years. Just where is that million bucks going to come from?” Today’s article outlines the stories “of 3 super-savers – people who have saved more than double the national average of account balances for people of their age.” From a low-income accountant with a knack for budgeting to an entrepreneur who automates “just about everything” to an information technology support staffer who uses a crock pot as one of his retirement saving tools, CLICK HERE to see what can be learned from these 3 retirement super-savers.
