Why Reverse Dollar Cost Averaging Can Leave You Broke During Retirement?
“If you find yourself in a hole, stop digging. “ Will Rogers Let’s look at the problem of “Figuring out how to set up your retirement accounts so you get the income you need and lower the risk of running out of money.” First……. Let’s Review Dollar Cost Averaging If you have a 401k at work, you are probably familiar with the term Dollar Cost Averaging. For example. Let’s say you set aside $300 a month to go into your 401k. That $300 goes into...
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