Saturday, January 22, 2011

NYTimes: With Retirement Savings, It’s a Sprint to the Finish

"The problem is...reaching your goal is highly dependent on the power of compounding — or the snowball effect... - you’re actually counting on your savings, in real dollars and cents, to double during that home stretch.
"“It’s the cruel irony of retirement planning that those people who most need the markets’ help have the least financial capacity to take the risk”"
YOUR MONEY: With Retirement Savings, It's a Sprint to the Finish
You can save all your life, but those last years before you retire will determine the result.
http://nyti.ms/gqzMwv

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