After thirty or forty years of disciplined investing, a strange psychological shift happens. The investor who spent decades buying through crashes, holding through volatility, and trusting the long-term growth of the market suddenly wants to do something completely different at the finish line. They want to sell everything, move the money into a savings account, and breathe a sigh of relief. The instinct is understandable. The math says it is one of the most expensive decisions a retiree can make. Let us walk through exactly why. The Illusion of Safety Cash feels safe because the number in the account does…
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