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I thought Ben Stein had good advice this week. "Save more,
don't retire early, figure that the inflation that is coming
will cut the purchasing power of your retirement in half."
I thought Ben Stein had good advice this week. "Save more,
don't retire early, figure that the inflation that is coming
will cut the purchasing power of your retirement in half."
Yeah, but that's such boring advice. Almost as bad as Steve Martin's parody about spending less than you make.
Much more exciting to buy a bunch of risky stocks and over-priced real estate. And, besides, we have a duty to keep the traders, advisers, and agents gainfully employed.