http://www.livelearninvest.com/do-you-want-to-retire-rich-or-retire-poor/ Living life to its fullest by generating passive income through investments Thu, 02 Feb 2012 03:11:13 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.livelearninvest.com/do-you-want-to-retire-rich-or-retire-poor/comment-page-1/#comment-2628 moom Fri, 30 Mar 2007 01:23:32 +0000 http://www.livelearninvest.com/2007/03/29/do-you-want-to-retire-rich-or-retire-poor/#comment-2628 Better advisers use Monte Carlo simulation etc. These numbers are useful to find out the minimum number. But I think you are right - like all the talk about emergency funds - they breed a mentality of slaving away and retiring relatively poor. I've also written about people saving too much for retirement. They're in their 20s have some enormous number in the millions they are trying to hit for when they are 60 and are stuffing all their money into a retirement account instead of either enjoying themself or trying to build a business or financial freedom oriented investments. Better advisers use Monte Carlo simulation etc. These numbers are useful to find out the minimum number. But I think you are right – like all the talk about emergency funds – they breed a mentality of slaving away and retiring relatively poor. I’ve also written about people saving too much for retirement. They’re in their 20s have some enormous number in the millions they are trying to hit for when they are 60 and are stuffing all their money into a retirement account instead of either enjoying themself or trying to build a business or financial freedom oriented investments.

]]> http://www.livelearninvest.com/do-you-want-to-retire-rich-or-retire-poor/comment-page-1/#comment-2605 Links - 29/03/07 - Part 2 « Krugergold Finance Thu, 29 Mar 2007 15:19:12 +0000 http://www.livelearninvest.com/2007/03/29/do-you-want-to-retire-rich-or-retire-poor/#comment-2605 [...] Retire Rich(livelearninvest) This is a classic example of retiring poor. It’s where your yearly draw on your networth/savings is outpacing its returns. Eventually, your money runs out. [...] [...] Retire Rich(livelearninvest) This is a classic example of retiring poor. It’s where your yearly draw on your networth/savings is outpacing its returns. Eventually, your money runs out. [...]

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