Retirement Spending: The Difference Between Theory & Practice

Retirement Spending:  The Difference Between Theory & Practice

Among his many memorable quotes, Hall of Fame
baseball player Yogi Berra once said, “In theory there is no
difference between theory and practice. In practice there is.”

If he hadn’t made it in baseball, Yogi could have been a fine
behavioral economist. A longer explanation follows…
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Retirement Spending: The Difference Between Theory & Practice

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