When most people think about retirement planning, they think about savings goals, investment returns, or net worth. But according to Nobel laureate Robert C. Merton, that’s the wrong place to start. The most important question in retirement isn’t “How much have you saved?” It’s “How much income will you need — and how will you generate it?” On the Boldin podcast, Merton had this to say…
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In This Article Remember the days when workers retired at 62 with a pension and lived comfortably for the rest...
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