Retirement dream or nightmare?

Successful and happy retirees are the ones who have maximum flexibility in their lives. Pre-retirement, they strike a reasonable balance between spending and saving. They realize that they don’t have to stop working to enjoy retirement-like activities. Post-retirement, they have a lifestyle that allows them to spend less in years when markets drop, more when they rise. Prudent planning – not leaving it all to chance – is the key.

– John Davis