As people prepare for retirement, much of their focus is on making sure they save as much as possible, or at least as much as they think they’ll need.
Too often, though, we forget that people don’t just accumulate savings over time—they also accumulate differences. By the time workers are approaching retirement, some are in excellent health; others have multiple health risk factors. Some want to claim Social Security right away; others want to delay claiming for a bigger benefit. Some want to cross items off their bucket lists; others want to put money aside for bequests.
