ilmscore | 5 Signs You’re Over-Saving for Retirement

5 Signs You’re Over-Saving for Retirement

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Prediction
Topic
Status
Individuals who are hyper-savers (saving double the recommended benchmarks, e.g., 6x salary by age 40) are predicted to not run out of money in their lifetime and will likely stay on or ahead of their financial retirement track.
"my assumption is that if you're in that position you're probably naturally really good at saving you're probably not going to run out of money in your lifetime because you're making so much more money and your habits are so good that you will most likely stay on track or even stay ahead of track even if somebody tells you to spend more of your money"
Personal Finance
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