When you meet with your financial advisor, most of your conversation centers around accumulating wealth and preparing for retirement. During your conversation, you may hear these two terms: Accumulation Phase and Distribution Phase. While these concepts are relatively easy, you may not always make the connection between the two phases until your financial consultant lays it all out for you. The bottom line is this: How much wealth you build up during your working years (accumulation), will depend on how well you live during your retirement years (distribution).
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