When Investing for Retirement, Be Like Rip Van Winkle

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I love a good children’s fairy tale. Those stories have a way of teaching us a message without us feeling like it is learning. We simply get lost in the story, and the next thing we know, boom, message learned. I thought I would take a shot at making a parallel to one of my favorite children’s books with Rip Van Winkle.

Now, I know what you are thinking, and no, I don’t love this story because it is about a drunkard who goes hunting to avoid his wife’s nagging only to meet a friendly Dutchman who offers him booze, causing him to pass out for 20 years. Funny, as I recap the story, it seems odd that this is a children’s book, no?

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This article was written by and presents the views of our contributing adviser, not the Kiplinger editorial staff. You can check adviser records with the SEC or with FINRA.