The 4% Retirement Rule, created in a different economic context, no longer applies as inflation and changing life expectancies have made it obsolete for today's retirees.
Baby Boomers are often living well past their 80s, yet they cling to outdated retirement principles despite significant changes in economic conditions over the decades.
The Baby Boomer generation has witnessed vast advancements, yet they must adapt their beliefs about retirement and financial planning as the economic landscape shifts.
Many Boomers are still unaware that inflation, market volatility, and national debt have changed the parameters of retirement planning they once relied upon.
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