Part IVHow Much Will You Need?
Retirement is among investors’ biggest concerns. Yet surprisingly, few investors have a comprehensive road map to get them where they want to go. The right strategy and asset allocation plan can certainly help. But the best possible strategy is only talk without the discipline to make it happen. Investors must make the deposits their plans require and stay the course during inevitable market downturns.
Retirement plans have two equally important components:
1. Building an adequate nest egg.
2. Making the nest egg last forever.
The focus of this lesson is on the former.
Too Much Is Never a Problem
A secure retirement takes ...