The fifth and final of my “Mistakes you’re probably making” series at MoneySense.ca was published today: Retirement saving mistakes you’re probably making.
In it, Emeritus Retirement Solutions’ Doug Dahmer — a frequent Hub contributor in the “Decumulation” section — points out that the strategies used in Wealth Accumulation are quite different than those needed once you reach the De-Accumulation or “Decumulation” stage. One of his colourful phrases is “dollar cost ravaging,” which is the opposite of “dollar cost averaging.”
The blog ends with links to the four earlier instalments this week.