A minimum dignity floor is a very vague concept that you can shove all kinds of things into. It allows you to stick that beach house or expensive club membership into your quote minimum dignity unquote. I'd rather just strip off that veneer and call it what it is. For a lot of people, segmenting this out just feels a whole lot better because they don't understand portfolio construction.
In this episode we answer emails from Kyle, Esek and Erin. We discuss 529 plans, what is "enough" in terms of this podcast, and THEN the meta approaches to retirement planning and the importance of distinguishing portfolio construction and allocation strategies from portfolio management techniques, including a tour on the Good Ship Lollipop with the Outlaw Josey Wales. Errata: I said "Bernstein assumptions" when I meant "Bengen assumptions."
And THEN we our go through our weekly portfolio reviews of the seven sample portfolios you can find at Portfolios | Risk Parity Radio.
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