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There are nine key reasons people fail at retirement--and they're
not what you think. Are you working to avoid these major retirement
fails? Every day, people just like you, people who have worked hard
and saved carefully for retirement, make decisions that will
eventually crack their nest egg. Just because you added to your
401(k) or IRA plan every year, invested wisely, and amassed
significant savings, you are not necessarily home free. Ready or
not, your decisions all along the retirement path can positively or
negatively affect your financial future. In Retirement Fail, top
financial advisor Greg Sullivan shares the insights he has gained
over his thirty-five-year career in wealth management to help you
identify potential pitfalls and learn how to safeguard your
hard-earned retirement assets. Because, contrary to what most
people think, it is not poor portfolio performance that usually
busts your retirement accounts. Rather, it's the emotional
decisions you make that can cause major problems. Whether it's
buying a vacation home that is beyond your reach, subsidizing your
adult kids to a degree that is ill advised, or passing on the
umbrella insurance your advisor recommended, the choices you make
have an enormous effect on whether you'll be able to enjoy the
comfortable retirement you've dreamed about. Retirement Fail: Lays
out the nine common hazards that trip up otherwise well-prepared
retirees, encouraging you to think through your decisions and set a
course aligned with your values and your ultimate goals Goes beyond
traditional financial advice, using personal stories to illustrate
how others have become mired in--or solved--these financial
dilemmas Creates a valuable framework you can use to chart your
path or begin conversations with your advisor, so that you can act
to protect your financial independence The numerical side of
financial planning is one thing--the far more difficult task is
looking at the way the decisions we make impact our own future and
those around us. Whether you are working with a financial advisor
or are going it alone, Retirement Fail shows you the points you
need to pay attention to and helps you figure out what your
priorities are--and what tradeoffs you may have to make in order to
achieve them.
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