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Old 11-21-2007, 07:34 AM
peachpit peachpit is offline
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Join Date: Oct 2007
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Default Re: financial planning, retirement


I love the financial planning platform. Just make sure you have a financial planner. My experience is that most people don't want to manage their own money. Better to have an unemotional third party looking out for your best interest. Ask friends and family for a referral.

We all do a pretty good job of accumulating assets. Retirement income is a whole different ball game. I have read numerous studies on the topic. A couple mistakes are not having enough invested in stocks and taking out too much money to early. If you want your money to last, your withdrawals should be limited to 4% first year and then indexed for inflation.

Investment club???? I'd rather play golf!