Many people are wondering if they should change their strategy, and if so, how to begin with. How does dropping interest rates raise the cost of retirement? Well, it means you need more assets to fund a givean expenditure. To what extent is that offset by the opportunity that low interest rates present? I in terms of assuming that you still are a mortgage holder, re financing your mortgage, or using this as an opportunity to buy rental properties at a low interest rate.
#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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