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Showing posts from January, 2020

The #1 Reason Why We Can't Retire

The State Of Retirement

Which Door Will You Take?
When I first started working with retirees back in 1999, I never thought that I would see this day. What day is that? The day that retirement no longer looks like, well retirement. I would be flat out not being honest with you if I told you I saw this coming. I do, however, remember when it first came to me. I was sharing with my graduate students during a lecture about eight years ago. We were going over the Gross Domestic Product, aka "GDP," and how it's constructed. In short, the GDP is a measurement of your economy's cash register. (more complicated than this, but work with me) The intricate details of how the GDP is put together are beyond the scope of this document, but It only has four components. Those four components are Government Spending, Business Investment, Net Exports, and Personal Consumption. Vital measurements from all four essentially give you our country's GDP. To keep things simple for the state of our retirement, we …