Mastering Money 9/6/18
The same mind-set that works so well when people are building their nest egg can damage their quality of life in retirement. So says Meir Statman writing in the Wall Street Journal. Dr. Statman is a top professor of finance at Santa Clara’s Leavey School of Business and the author of the book “Finance for Normal People: How Investors and Markets Behave.” Imagine spending a lifetime acquiring habits that offer the promise of a longer, happier and more fulfilling life. Then imagine that in order to have that fulfilling life, you suddenly must abandon all those habits that got you there! That’s one of the problems you face in retirement and today, we’ll explore the right ways and the wrong ways to make your money last and help to eliminate the worry of running out of money, even if you spend a little “too much”.. .Don’t miss it–MASTERING MONEY is on the air.