Find Out in 5 Minutes If You Have Enough to Retire
My 4-year-old daughter loves working around the house to earn money. Perhaps we’re a bit early with these lessons. Nevertheless, when she earns money, it goes into an envelope with the words “baby doll” on it. One thing that kids understand that adults seem to have forgotten is that money itself has no intrinsic value; it is what it affords us that actually matters.
As adults, we tend to forget this until we face imminent transitions, such, sending our kids to college, and the big one: retirement. When our portfolio gets hit by a big downturn, we start to question whether we can still afford the goal.
