Do you have Goldilocks Wealth?

This article originally appeared in my regular Financial Times 'The Wealthman' column on 21 June 2017

Not enough, too much, just right . . . it can be tough to judge it correctly

I got speaking to a man called Albert in the changing room of my local gym the other day. I mentioned to him that I enjoy keeping fit and healthy, but as I’ve got older, I get a few aches and pains. He replied that although he has had to modify his fitness routine given his age, he still felt as fit as a fiddle.

I asked Albert how old he was, thinking he would say he was in his early 70s, and was astounded when he told me he was 93. So I asked him to what he ascribed his long and healthy life. His reply was always being optimistic, keeping active and not worrying about things too much.

Sage advice. But one of the biggest worries many people face as they get older is ensuring that they don’t run out of money before they run out of life.

To read the rest of the article visit the FT website here.