News Formal

Why pinching pennies for early retirement isn't as smart as it sounds - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

South Africa News News

You're betting your financial wellbeing on the long-run on the idea that things will work out in your favor

Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, but our reporting and recommendations are always independent and objective.

However, I think the usual pursuit of "financial freedom" is flawed: It relies on everything going as planned and it often uses a possibly outdated 4% rate of withdrawal.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dc

Woah. Imagine being dumb enough to use linear math in investing

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here's why the bull market's 11 year record run may be over soon - Business InsiderThe stock bull market finds itself in crisis mode as it turns 11 years old. Here are the 4 reasons why it's lasted so long — and why the end could be near. China did it. So do we get a refund for bailing out the banks?
Source: BusinessInsider - 🏆 729. / 51 Read more »

Pro gamer Justin Wong explains why he quit esports, became influencer - Business InsiderJustin Wong spent more than two decades traveling the world to play games like 'Street Fighter,' but now he's building a career as an influencer.
Source: BusinessInsider - 🏆 729. / 51 Read more »