Jul 12
2010
Three Good Habits of Successful Retirees
Filed Under (Investor News) by Admin on 12-07-2010
[This post is written and copyrighted by FIRE Finance (http://firefinance.blogspot.com).]
Jul 12, 2010: Vanguard’s chairman and CEO Jack Brennan has nearly three decades of valuable experience in investing at this great firm. He has observed that successful long term investors share some common traits. Here is our spin to his observations.
Plan Ahead: Successful retirees planned well ahead of time to meet their retirement’s financial needs and they walked the talk triumphantly. This planning process helped them to figure out the amount of money they would need to retire. Most of them also had a good idea about their location of retirement and a target portfolio size that would complement any other guaranteed income stream.