Optimizing Retirement Financial Planning

14min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

This chapter delves into key findings on retirement spending, revealing that expenses tend to decrease in retirement for individuals regardless of their wealth. It provides insights on accurate retirement financial planning, emphasizing the significance of determining spending requirements based on observed spending rates rather than assuming standard inflation rates. The chapter also discusses the impact of gold allocation and the importance of diversification in achieving optimal results in retirement investment portfolios.

In this episode we answer emails from Zane, Slim Jim, and Jim Kirk. We discuss recent moves in world gold markets, good and bad mental models of collective action and critical events, including Mimetic Theory and fractal sand pile models, avoiding the physical metals racket, the data and evidence showing that retirees experience inflation at a much lower rate than the CPI (and most financial planners and DIYers get this completely wrong, resulting in bad planning), and the new global portfolio analysis article at Portfolio Charts (again).

Links:

Retirement Spending Smile models: What Is The 'Retirement Spending Smile'? | Retirement Researcher

Spending Trajectories After Age 65 Research Paper and Summary: Spending Trajectories After Age 65: Variation by Initial Wealth | RAND

Portfolio Charts Article Re Global Portfolios: What Global Withdrawal Rates Teach Us About Ideal Retirement Portfolios – Portfolio Charts

Support the show