In order to manage your retirement through an investment portfolio alone, the benefit is that you would save on fees. The drawback is that yu may need a higher balance of assets in order to be able to do so. So like the four % rule, shows the logic, and i am concerned the four % rules too high to day because of the lower interest rate environment and people are living longer.
#271: Dr. Wade Pfau, one of the foremost experts in the academic field of retirement planning, joins us to talk about how the events of 2020 might impact your retirement plans. If you’re wondering if you need to change your investing strategy, Wade’s recommendations may fascinate you.
Watch out! These are NOT the recommendations you’re expecting from a typical financial independence retire early show. Prepare to be caught off-guard by what he says.
For more information, visit the show notes at https://affordanything.com/episode271
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