Accumulating the assets you need to reach financial independence is a tremendous feat! However, slowing down to enjoy what you’ve accumulated is just as important. Unfortunately, it’s not that easy. Below we discuss three practice transition options to help you shift gears and slow down successfully.
A Contrarian View
Recently one of our members, Dr. Karl Weiss, contacted us expressing a contrarian view to our November 2019 article “Will You Run Out Of Money In Retirement?” He lamented the fact that most financial advisors harp on this “greatest fear scenario,” which is running out of money in retirement. They emphasize the need to invest early and often in preparation for a long life, in order to avoid this “boogey man.”
Karl believes this shouldn't be your biggest fear. Rather...
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