By Craig Erwin, Ph.D.
Many journalists sternly warn us not to accumulate too much wealth for retirement. How silly. Saving too much is smart. You can live lavishly, travel, spend freely, and do what you’ve always wanted to do. It’s far better to have too much money than too little. If you strive to save just enough and no more, you could end up running out of money by cutting it too close and having unforeseen disasters strike. Don’t worry about saving too much money. There are much worse things than having too much money. Ask someone who has more money than she needs if it’s such a terrible thing. I bet she likes having too much money.
Are you worried about accumulating too much wealth for retirement? Where are you investing your retirement savings? Are you concerned that you are taking too much risk with your retirement savings?
For more information on retirement savings, accumulating wealth, investing, and retirement, click on the following links: