Bridging the Confidence Gap
In the world of finance, the effects of the "confidence gap" can be especially apparent.
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The goal for most, when planning for retirement, is to ensure financial independence and never run out of money.
“Cut spending.” “Slash expenses.” “Avoid shopping.”
The overwhelming advice about cutting expenses makes it sound downright unappealing. No wonder many of us haven’t learned to be good financial managers.
If you are concerned about inflation and expect short-term interest rates may increase, TIPS could be worth considering.