saving too conservatively
Many people keep too many of their retirement dollars invested in cash and low interest accounts even though other places offer higher potential yields. Saving too conservatively may translate into having inadequate funds during retirement. This chart shows the growth of $100,000 at different rates of returns.
Even a 2% increase in the average annual return can mean hundreds of thousand of dollars more during retirement. It can mean the difference between spending retirement years in comfort or asking many people a day “Do you want fries with that”
Growth Of $100,000
|Years||at 4%||at 6%||at 8%|