The One Percent Show with Vishal Khandelwal cover image

Ep. 20: Nick Maggiulli on Biggest Lies in Personal Finance, Feeling Rich, and the Role of Luck in Investing

The One Percent Show with Vishal Khandelwal

CHAPTER

The Most Planned Issue or the Most Insightful Idea That You Ever Got by Looking at Data

The biggest shock I had when I was writing the book was the retirement crisis and how it doesn't really exist. If you just invested in a 60-40 portfolio, 60% stock, 40% bond, you're more likely to end up with four times your wealth than you are to be below your principal value after 30 years. It's just a shock to people that they think, oh, I'm going to go into retirement and run out of money. But no, your wealth's going to keep building probably.

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