The things you do in the "Growing" phase don't work in the "Spending" phase, and vice-versa. The days are long gone when you could put money in a few mutual funds, let them grow for 15 or 20 years, and then start selling off shares to provide income. Talk about a recipe for disaster! (Yet, yes, there are still financial advisors that are using this approach!)

But YOU aren't going to fall for that approach - you're going to learn what to do in each phase...and how to do it.