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Retirement planning: Starting age as important as value of assets

Mitch Goldberg addresses retirement by suggesting it’s more important to know the age one wants to retire and work backwards from that point.  Life expectancy for women is now over 80 and about 79 for men, more than 15 years higher than when Social Security was signed into law by President Roosevelt.  Goldberg acknowledges Social Security is an important part of retirement, but as a financial advisor believes “the retirement-age question should come before the questions about the financial value of investment accounts. That’s the wrong starting point. It implies the wrong motivation on behalf of the advisor, too, that they are interested only in the assets-under-management fee.”  See what else Goldberg says…

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