A recent survey found that retirees are more afraid of running out of money than dying! The fear is understandable. The big question is how we can know we are heading toward financial calamity so that we can make some adjustments.
In this video, I'll cover what's called the Momentum Ratio. It's a simple ratio you can use as an early warning sign that you are heading toward what some call the retirement-income death spiral.
While still working as a trial attorney in the securities field, I started writing about personal finance and investing In 2007. In 2013 I started the Doughroller Money Podcast, which has been downloaded millions of times. Today I'm the Deputy Editor of Forbes Advisor, managing a growing team of editors and writers that produce content to help readers make the most of their money.
I'm also the author of Retire Before Mom and Dad--The Simple Numbers Behind a Lifetime of Financial Freedom (https://amzn.to/3by10EE)
DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
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