Retire With Purpose - The Retirement Podcast 533: By the Numbers: The Case for "Good Enough" — Why Simplicity Often Beats Perfection in Retirement Planning
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Nov 14, 2025 Striving for the ideal retirement portfolio might be more hindering than helpful. Discover the difference between satisficers, who find joy in simplicity, and maximizers, who search for perfection. Insights from the Bogleheads conference highlight this irony. Learn how prioritizing energy across life roles can lead to balance and happiness. The conversation emphasizes the importance of delegation and offers practical questions to avoid the maximizer trap. Embracing a 'good enough' mindset could be your key to a fulfilling retirement.
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Perfection Isn't The Goal
- Chasing a perfect portfolio often wastes time and energy without improving long-term results.
- Simplicity and a 'good enough' portfolio can deliver better outcomes and more life satisfaction.
From Active Trader To Delegator
- Casey Weade recounts his past habit of active trading and tweaking across accounts.
- He now leaves routine adjustments to his advisor because 'good enough' frees time for higher priorities.
Minimalism Meets Tinkering
- The Bogleheads movement favors minimalist, index-based investing but its community still debates deeper tweaks.
- That tension illustrates why even simple approaches attract both satisficers and maximizers.
