
The Retirement Mirage: Why Your “Number” Isn’t Enough to Secure Your Future
Why do so many people focus on "hitting their number" as they approach retirement? In part, I think it's because major life transitions can feel scary, and numbers can help us feel more secure. Boiling retirement down to a figure might, in some way, shrink your worries down to size and put your goals in black and white. Unfortunately, no "magic number" is big enough or flexible enough to encompass all the variables that life will throw at you in retirement if you don’t have an effective mindset around money. That's why, to improve your retirement readiness, I'd recommend focusing less on hitting a number and more on building up these three mindsets that can help folks take a more holistic approach to preparing for the second half of their lives.