It seems to be a common theme at cocktail parties: “With the way the market is going now, I don’t think I will ever be able to retire.” But is it really that bad? What are the retirement challenges you need to prepare for? Million Dollar Nest Egg? At first glance, it certainly looks like […]
Tag Archives | nest egg
Are You Ready to Retire?
Here are some questions to ask yourself when deciding whether or not you are ready to retire. Is your nest egg adequate? It’s obvious, but the earlier you retire, the less time you’ll have to save, and the more years you’ll be living off of your retirement savings. The average American can expect to live […]
Using Buckets of Money for Retirement Income
Some retirees are able to live solely on the earnings that their investment portfolios produce, but most also have to figure out how to draw down their principal over time. Market volatility can present special challenges when you know that your nest egg needs to supply income for living expenses for many years into the […]