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Retirement
How to outlive your retirement savings
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[QUOTE="Etini, post: 280050, member: 90141"] There is a possibility to outlive your retirement savings? Like how much did you save? Like how long are you going to live? I think with this concept, one would have to wish for early death so he/ she can achieve this. Savings for retirement to me is a mirage. It won't just work period. It is good to save for emergencies or major projects. But to have savings that would see you through retirement is not just going to work for me. Rather than saving for retirement, invest your funds in a venture that would keep on bringing money for as long as you live and even your children would come and still benefit from that venture. An investment can outlive your retirement but savings is highly unlikely. One huge emergency can happen and the entire savings is depleted in one day. Real estate is a good investment that can outlive you and even your grandchildren [/QUOTE]
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