You Can Afford Anything

... but not everything. What's it gonna be?

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Here’s a Counterintuitive Idea for Your Retirement …

Once upon a time, in southern California in 1994, there lived a man named William Bengen.⠀ His friends called him Bill. Bill was born in Brooklyn, and he studied aeronautics at MIT. He wrote a big paper on advanced model rocketry. Then he became an executive at a soft drink company. Finally, 17 years later, he retired to sunny southern California. Well, kinda. Bill was smart and full of energy. He couldn’t stay retired for long. He decided to get a masters in financial planning. He opened his own firm. And he started reading papers that … bemused him. You see, at this time, many financial planners were claiming that since the stock market historically returns 7-9 percent compounding rates on average, retirees could … View This Post