Timing Your Retirement
This short video illustrates why knowing when to retire can be a crucial part of your strategy.
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It’s easy to feel invincible when you’re young, healthy and have a steady paycheck. After all, the chances of something catastrophic happening to you are pretty low, right?
In her virtual manifesto on the spending fast, “My Year of No Shopping,” author Ann Patchett discovered that, “The unspoken question of shopping is ‘What do I need?’ What I needed was less.”
Understand the concepts of horizon, compounding, and risk tolerance, and create an investment plan.