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Episode 274: The Pitfalls of Retirement Calculators and Being Unrealistically Conservative, AI Musings And Portfolio Reviews As Of July 7. 2023
Risk Parity Radio
How to Use Financial Calculators
Use calculators that have the best data sets. Avoid using crystal balls that try to predict the future. Make your inputs boring and average, not special based on whatever you believe. Most people do not understand how these calculators work. They use them as black boxes and fling things in them. Stupid is stupid does sir.
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