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The Long View

Scott Burns: The Case for a Simple Retirement Plan

Jul 2, 2024
Guest Scott Burns, a personal finance columnist, discusses the benefits of Couch Potato Investing, simplified retirement planning with low-cost index funds, importance of diversification, annuities in retirement, home equity, relocation, working in retirement, and go-to financial resources.
51:37

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Simplicity in investing leads to success over complexity, emphasized by Scott Burns.
  • Two-fund portfolio with total stock market and bond market funds is optimal for most investors.

Deep dives

The Evolution of Couch Potato Investing

The podcast delves into Scott Burns' transition to the minimalist buy and hold index fund strategy known as 'couch potato investing.' Burns discusses how observing smart fund managers falter despite their intelligence prompted his shift. He emphasizes that the key variable predicting mutual fund performance was the expense ratio, highlighting the efficacy of a straightforward, low-cost investment approach over complex strategies.

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