Another day, another episode of redefining a widely-accepted investing tenet. The notion that you should invest differently on the basis of your age.
In recent weeks, I flipped the script on several things retirement experts tell us. Platitudes most investors accept without opposition.
- The idea that you need $1 million to retire.
- The merits of "pay yourself first" investing.
- The efficacy of the latte effect.
As times change, the retirement investing machine must adapt and, in some cases, completely alter its advice.
Generation X, millennials, and most certainly the eras of humans