Retirement Planning in 2020, with Dr. Wade Pfau
Afford Anything
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Reverse Mortgages Are Not the End of a Strategy
i has a strong, need jerk reaction to reverse mortgages. If i were to build any type of buffer asset, it would absolutely be cash. But doctor fowl mentions that his research has pointed to bonds being the least efficient way to fund a retirement spending goal. His research finds that annuities are more efficient. And he argues that the fees can be offset in different ways, such as becoming more aggressive in the stock market.
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