Can You Retire with a Nest Egg That’s Too Big?

If your retirement plan forecasts a big surplus at the end of your life, your heirs and favorite charities may miss out on thousands – or even millions – when the time comes. To avoid that, maybe you need two different investment strategies.

A huge golden egg sits in a bird's nest on a green hill under a blue sky.
(Image credit: Getty Images)

Have you ever considered that your nest egg may be too big? If so, it is highly likely that you have not invested properly and will be leaving a bunch of money on the table. In other words, you will leave much less to surviving family members, or charity, than you otherwise could.

So, what is the definition of “too big,” and how should you invest if you fall into this category?

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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.

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Ray E. LeVitre, CFP®
Founder, Managing Partner, Net Worth Advisory Group

Ray LeVitre is an independent fee-only Certified Financial Adviser with over 20 years of financial services experience. In addition he is the founder of Net Worth Advisory Group and the author of "20 Retirement Decisions You Need to Make Right Now."