tips are the inflation adjusted bond. They give you a real rate of return that right nowis negative due to low interest rates, but then plus whatever inflation ends at being. So they're really their hedge to what your spending needs will be,. Much better than other types of bonds. For people thinking about retirement yet, tips is a really good starting point.
#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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