Laurence Kotlikoff, an economist and writer I admire, recently published an article on CNBC titled A Harvard-trained economist says ‘early retirement is one of the worst money mistakes’—here’s why you’ll ‘regret’ it. While the title is intended to be provocative (aka click bait), the article is well-written and sensible--as Dr. Kotlikoff can be counted on … Continue reading Is Early Retirement a Mistake?
Two of the most important calculations in retirement planning are (1) how much you need to save up in order to be ready to retire and (2) how much you can afford to draw from your savings each year in retirement. There are many different calculators available online, and each has its own assumptions. There … Continue reading A simple approach to retirement income planning