I spent last Christmas season on deadline and swore I would never let that happen again. But I have one child in college and another who will start next fall. And so here I am. And so work I must.
After I get my kids through school maybe I'll have just enough energy left to actually save some money for retirement (as long as I don't live too long).
Conventional wisdom says outliving your retirement fund is...
- A fate worse than death
- Likely since the demise of the defined benefit pension
- An illusion even with a million-dollar retirement fund
- Inevitable since we are living longer
- Likely since none of us can do the withdrawal rate math properly
- A question of dignity versus survival
So much for conventional wisdom. Here at PhilosFX, we offer unconventional wisdom.
"The only thing worse than outliving your retirement fund is... not outliving your retirement fund."
I just made that up.
Money is just little bits of paper.
Connect to what matters!
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