By Pam Krueger
Retirement is supposed to be an exciting new chapter in our lives. We’d like to think we can live well within our means once we stop working. But when we hear that most Americans will never be able to retire, our alarm bells go off – even when the rational side of our brain tells us to stay calm, that things will work out.
It doesn’t help to realize how much of the situation is completely out of our hands: ordinary individuals can’t change the direction of interest rates or stock prices. All the same, we have more control over how our retirement will play out than many people think, even as it’s about to start. Four decisions you make can have a huge impact on how comfortable you will be in this next chapter of your life. And they have nothing to do with the stock market or the economy.
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