The 85% Fallacy
I frequently run across “advice” from financial planners, and salesmen who focus on mutual funds, annuities and similar items that suggest that retirees need 80-85% of their pre-retirement income to…
I frequently run across “advice” from financial planners, and salesmen who focus on mutual funds, annuities and similar items that suggest that retirees need 80-85% of their pre-retirement income to…
In the realm of retirement planning, statistics get thrown around with reckless abandon. Most of these statistics are meant to convey the idea that the "RETIREMENT CRISIS" is upon us,…