Reverse Dollar Cost Averaging Dangers

Are you driving the wrong way on a one-way street? Reverse dollar cost averaging is the equivalent of this when it comes to planning for retirement. Why? Because you’re going in the wrong direction financially and that can be deadly for your portfolio.

What is reverse dollar cost averaging? When you get to retirement, you’re not putting money into your portfolio periodically anymore; you’re actually doing the exact opposite. You’re not buying shares – you’re selling them, and by doing so you’re driving the average share sales price lower.

Listen in to find out more.