Overcoming Bad Luck In The “Life Cycle Of Wealth”

A number of factors contribute to determining the extent of your wealth, some of which you have no control over such as the market’s sequence of returns – and even the year in which you were born. Today’s article highlights the “life cycle of wealth” posited by researchers from the Federal Reserve Bank of St. Louis and examines how the year in which you were born impacts your wealth. It also identifies “the best way” to make up for bad luck when it comes to sequence of returns and when you were born. For more, CLICK HERE.