FYI: “I’ll have a great retirement— provided I die by Friday.”
For those who have little or no savings, this grim witticism pretty much sums it up. For the rest of us, retirement spending is a delicate dance. Uncertainties here (What kind of return will I get on my savings? Will inflation be greater than I expect?). And unknowns there (When will I die? Will I end up in a nursing home?).
So how do we puzzle through it?
Regards,
Ted
http://assetbuilder.com/scott_burns/living_larger_but_avoiding_ruin
