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HITBLITS: Charles Barkley and Saving for Retirement
The Retirement Cafe
Oct. 22, 2018
"Having it and losing it seems to be heavy on the minds of many near-retirees who see record equity prices and who have lived long enough to know that bull markets don't last forever.... For most of us, losing capital after we have 'won the game' would generate a lot more pain than increasing our savings by that same amount would generate happiness. Earlier in our careers, the scenario is reversed."
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