How to Avoid ‘Money Death’
The fact that life expectancy for American’s is increasing has led many to have an elevated concern for being at risk to outlive their savings. A recent article by Sharon Epperson highlights this increased concern of running out of money in retirement which is referred to as “money death”. The article points out that in order to address this increasing retirement duration, conventional strategies such as putting more money into bonds and less into stocks as individuals grow older is not a complete fix. According...
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