Saturday, September 26, 2009

Knowing When to Walk Away: Financial Planning for an Unknown Ending

People somehow have a built upon a notion that they must amass a certain amount of money, no matter how long it takes, before they can retire. Yet, what if it took you 40 years of work to reach $1 million, and the very next year you died? Would all your work be for naught? It depends on how much you enjoyed your work, of course, but for the most part, this scenario is not ideal.
Knowing When to Walk Away: Financial Planning for an Unknown Ending

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