By Craig Erwin, Ph.D.
I am often asked by someone near retirement age what can be done if they have too little to retire on. Not much can be done except to keep working until you have enough to retire. What’s most important is to avoid devastating mistakes. No Hail Mary passes! Protect what you have.
Are you approaching retirement age? Are you confident that you will have accumulated enough wealth to retire comfortably? Are you tempted to take excessive risks so you can play catch up? Do you plan to work longer than you would like to ensure you have enough to retire on?
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