Retirement savings

 

October 18, 2019



An article in AARP Magazine by Allan Roth is labeled “Saving for Retirement May be Wrong.” It certainly got my attention and here is his rationale.

The first statement is so true: “Wealth is not a dollar amount.” When I ask my friends what retirement means to them, they don’t mention cars, boats or second homes. Instead they refer to freedom, security, choices and health. Roth says, “The important number isn’t the size of the pile of cash but instead the years of freedom the pile represents.”

In other words, look at wealth in terms of time rather than dollars. He says we have two ways to becom...



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