Tag Archives: Baby Boomers

Do You Need $1,000,000 to Retire?

The myth of needing $1,000,000 in retirement savings resides in the same camp as drinking 8 glasses of water a day–both numbers are widely assumed to be truisms although no one even knows where they originated. How much money one needs for an acceptable retirement is not a one-size-fits-all equation. The answer boils down to …

Your Life Is NOT a Spreadsheet

Financial advisors go on and on about the “retirement crisis” facing millions of Baby Boomers. They quote the statistics from study after report after study that all reflect the poor saving habits of an entire generation. They then tell us that too many Baby Boomers are expecting Social Security to fund their entire retirement when …