...
You can spend more in your early stages of retirement.
Retirement Traps
- Don't assume investment returns will continue. Assume 5% return.
- Paying 2-3% for investment advice.
- Not planning for a long life.
- Listening to that "investment expert"!
- Holding on to money for too long! Don't hoard your money. See "Laddered Income Strategy".
- Getting divorced.
Psychological Phases of Retirement
The four phases website: https://thefourphases.com/
References
| Reference | URL |
|---|---|
| 20 Years of Canadian Retirement Knowledge In 1hr 57mins | https://www.youtube.com/watch?v=r9Da-mb-zSw&t=1667s |
| Budget Tracker and Net Worth Tracker | https://www.parallelwealth.com/tools |
...