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Retirement Planning in 2020, with Dr. Wade Pfau
Afford Anything
Increasing Equity Exposure in Retirement Can Provide Longevity Income
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If markets do well, in your retirement, that additional exposure to the stock market, you might be better off over all. But once that asset depletes, its game over. You don't have any more spending power from that asset. And so then really across the range of potential outcomes, that's where you can not necessarily be made worse off, even with the fee drag.
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