“The Two Biggest Mistakes In Retirement Planning,” by Phyllis Shelton, Forbes
“Over the years, there are two mistakes I’ve found that people consistently make when preparing for retirement. Making one or both mistakes can leave you in a ‘what if’ retirement, afraid to spend your savings as you ask yourself:
- What if one of us has an extended chronic health care need?
- What if our retirement savings suffer losses and we are unable to pull out enough income to continue our lifestyle?
- What if we outlive our money completely?”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Veteran LTCI author/trainer Phyllis Shelton holds forth on what to do about the “what ifs” of retirement.
