Planning Briefs
Performance Anxiety: A Leading Cause Of Investor Dysfunction After Age 55
Published Thursday, December 19, 2019 at: 7:00 AM EST
Are you nearing retirement and worried about your portfolio's performance? Do you fear outliving your money?
Investment performance anxiety is often hard to talk about for a pre-retiree and can lead to investor dysfunction. This revealing illustration vividly shows that retirement success is about the size of your savings rate when you're in your 50s and 60s!
Although your portfolio performance is more important in your 20s and 30s, your savings rate matters more to retirement success as your retirement nears.
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