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When Should You Stop Building Your Nest Egg?
Nearly every Financial Advisor will encourage you to start saving early and contribute as much as possible to build your retirement nest egg. And most will continue to suggest saving for your so-called “golden years” right up to the point you retire. But does there ever reach a point when you can stop saving for retirement? How about if you’ve already reached senior-citizenship and could use that money for other important things. Well, this MarketWatch article by Kerry Hannon provides an interesting read on how Kerry and her husband evaluated their personal circumstances to decide on whether they could stop saving for their retirement. The article also touches on the unique retirement challenges many senior women might be faced with. Click here to read more.
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