3 Reasons I Avoid This Retirement Strategy and You Should Too

·4 min read
3 Reasons I Avoid This Retirement Strategy and You Should Too

A popular retirement savings strategy looks at your age and tells you how many multiples of your income you should have saved. If I plan on retiring at age 65, the amount of money that I need for retirement could be very different than if I retire at age 70. Depending on my life expectancy and my expenses, the extra five years that I'm not drawing from my retirement assets could mean I need a lot less.

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