How “Lifestyle Creep” Can Hurt Your Retirement Savings

Sometimes retirement goals suffer from moving the goal post. As people make more money, they think they should be bumping up their lifestyle spending in retirement. That’s troublesome. I’ve seen people who’ve moved into big homes when they retire. Or they spend money more quickly. This is called “lifestyle creep.” As you make more money, … Read more How “Lifestyle Creep” Can Hurt Your Retirement Savings

How To Avoid The ‘Lifestyle Creep’

Ever heard of the term called ‘lifestyle creep’? It’s a pernicious little phenomenon which keeps millions of people all over the world from achieving their true long term wealth creation potential. If your lifestyle ‘creeps’ up over time, negating the positive impact that your increased income should ideally have on your net-worth, you’re a victim … Read more How To Avoid The ‘Lifestyle Creep’