We've been conditioned to believe that average returns are what matter. "The market averages 7% over the long term," they say. "Just stay invested and you'll be fine." But here's the plot twist that could cost you millions.
We've been conditioned to believe that retirement success is all about accumulating as much money as possible. Bigger number equals better retirement, right?
While everyone's following the same cookie-cutter retirement playbook, I just ran numbers on a strategy that sounds absolutely insane until you see the results.
You did everything right. For decades, you maximized your 401(k) contributions, built substantial traditional IRA balances, and followed the conventional wisdom about tax-deferred retirement savings.
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