Talk about a double-edged sword: the very mental habits that are advantageous when it comes to saving for retirement and building a nest egg can be harmful once in retirement and spending down that nest egg. The implication of this reversal, according to the author of today’s article? “It can lead to a much less satisfying retirement – one in which people spend too little money and spend it on the wrong things, as well as take on too much investment risk.” What are these habits – and how can they be conquered when they become harmful? CLICK HERE to read more.
