Retirement Planning: What’s Your Hurdle Rate?

In over 20 years in the financial services industry, I have consistently seen biases and mistakes people make in their financial planning (or lack of planning). These biases can lead to less-than-optimal investment decisions (in many cases buying in greed and selling in fear, typically at the worst times). When coupled with making bad financial decisions near or in retirement, the result can be catastrophic to long-term financial success.