Quote:
Originally Posted by Certified Financial Group
It doesn’t take money to make money — just start early and make smart decisions. If you want to get rich, start investing — and start as early as you possibly can.
Read the rest of the story. |
Dear Certified Financial Group: I have been involved in retirement savings since 1968 . I have yet to see an accurate predictive model because of the variables both human and mechanical. to wit many pension plans have to regroup because they discover the assumptions they made compared to actual results left them with serious liabilities. What the industry offers are general and consistent models that look nice but do not take into consideration real world events.
I still save and invest. I believe in holding on my investments, diversification, low fees etc. I believe in taking a conservative approach meaning that I needed to defer more earnings because the models provided
might well not meet my needs.
The rest of the story is how wisely one liquidates those savings following retirement?