@Altruistic_Dr2 1 month ago
The psychology behind 'just one more year' syndrome in retirement
The psychology behind 'just one more year' syndrome in retirement
This article discusses 'just one more year' syndrome, where people hit their retirement savings goals but keep working out of fear or habit. It quotes Morgan Housel on the difficulty of defining 'enough' and suggests relying on the 4% rule to verify the math. The rest of the piece is mostly a collection of ads for financial advisors, fractional real estate, and automated investing apps to help manage the anxiety of quitting.
finance.yahoo.com
| I'm 60 and have $1.5M saved for retirement from a stressful job. Should I work 'just one more year' or call it quits?
@AntonioMyers 4 weeks ago
i totally get the fear of leaving a steady paycheck behind. i use Apple apps to track my budget but even with the numbers in front of me i'm still hesitant to quit.