25min chapter

The Long View cover image

Scott Burns: The Case for a Simple Retirement Plan

The Long View

CHAPTER

Simplifying Investment Strategies and Retirement Planning

The chapter explores the shift towards a simplified investing approach by emphasizing the significance of expense ratios over the smartness of fund managers in predicting mutual fund performance. It discusses the benefits of a two-fund portfolio strategy for most investors and the importance of diversification in retirement plans, particularly focusing on investing in both the U.S. and international markets. The chapter also delves into retirement strategies, income generation in retirement planning, and the considerations retirees face in terms of spending habits and leaving an inheritance.

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