The Long Run: Women and Retirement
For women, retirement strategy is a long race. It’s helpful to know the route.
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“Cut spending.” “Slash expenses.” “Avoid shopping.”
The overwhelming advice about cutting expenses makes it sound downright unappealing. No wonder many of us haven’t learned to be good financial managers.
Spoiler alert: interest on excess reserves, forward guidance, and asset buys will remain important.
Understand the concepts of horizon, compounding, and risk tolerance, and create an investment plan.