: Paying off a mortgage does not increase your net worth; it merely converts a highly liquid asset (cash) into an illiquid asset (home equity).

For those still approaching retirement, Fisher offers several key tips:

This article explores everything you need to know about the 99 Retirement Tips PDF , from its content and key themes to how you can get it, what others are saying about it, and how it compares to Fisher’s broader body of work.

The performance of the stock market in the first few years of your retirement heavily influences whether your money will last. Poor market returns coupled with heavy withdrawals early on can permanently deplete a portfolio. Conversely, strong early years build a cushion that protects against future downturns. 5. Tax Efficiency and Estate Considerations Optimize Across Account Types

Retirement doesn’t have to mean complete idleness. Tip #50 encourages retirees to —not necessarily for money, but for purpose and mental engagement.