Is There Such a Thing As Saving Too Much for Retirement?

Many people enter retirement with little to no savings and struggle financially because of it. But what if you're in the opposite boat? What if you're years away from retiring but already have millions socked away in an IRA or 401(k) plan?

Now let's be clear -- that would be a very good situation to land in.

But at some point, is it safe to stop saving for retirement and spend your money instead of setting it aside for the future? Or should you aim to save as much as you can -- no matter what that number looks like?

Continue reading


Source Fool.com