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Lump Sum Illusion. The Lump Sum Illusion occurs when a person feels comfortable with a large sum in their retirement portfolio, but hasn’t analyzed how long it will last.

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lump sum illusion
Lump Sum Illusion

The Lump Sum Illusion occurs when a person feels comfortable with a large sum in their retirement portfolio, but hasn’t analyzed how long it will last.

How much money you may accumulate at retirementis an important piece of the puzzle but by itself it doesn’t mean as much as you think.