I’ll never forget the morning Ryan Pepper walked into my office with a spreadsheet and a smile. At 64 years old, he’s one of my happiest retirees: fit, healthy, and in love with life. That morning Ryan walked briskly to my desk and handed me a piece of paper.
“What’s this, Ryan?” I asked.
“It’s a spreadsheet I made,” he said, grinning from ear to ear. “In 1997. Every year since I’ve gone in and entered my total savings from the year.”
I looked it over, and the first year’s entry immediately jumped out at me: $32,000. That’s how much Ryan had in savings in 1997.
My jaw dropped. Not because I’d never seen 32 Gs (at Capital Investment Advisors we manage well over $1 billion in client assets, after ...