2min chapter

Animal Spirits Podcast cover image

Talk Your Book: Lifetime Income

Animal Spirits Podcast

CHAPTER

Is There a Guarantee on Income for Life?

David Frum: We don't do a very good job sometimes modeling retirement. He says the key is that your entire retirement income goal isn't quote unquote needs, right? There's some portions that are flexible to varying degrees, he says.Frum: When you model that flexibility along with the uncertainties of retirement, I think it makes this notion of a lifetime evolving benefit a lot more palatable.

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