The Importance of Investing in the Future

Don't think automatically at age 65 or 70 you'll sell all of your stock market investments and just transfer them to all bonds because although that's possible it may not be a wise decision based on your situation. Over this period the annual inflation that is between 1991 and 2021 has been around 2.6%. In fact if you retired in 91 with a half a million dollar portfolio the Zane portfolio would need to be around $884,000 in 2021 to give you the same purchasing power. I often say to people if you plan for you know 15 million and you only reach seven and a half million fine you can slum it on that.