Being able to adjust expenses and n go arbitrage could play a role in that. Being able to pick up some part time work as necessary so that you're not spending, that's another way to not spend from your assets. So having some flexibility in that regard, as well as on the despending side. I think those are the two basic ideas.
#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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