Investing Insights

Don't Overlook These Crucial Parts of Your Retirement Plan

Sep 13, 2024

Dan Lefkovitz, a strategist at Morningstar Indexes, analyzes how geopolitical risks shape portfolio exposure. Christine Benz, personal finance expert and author, discusses her new book on retirement strategies. They dive into the importance of recognizing global revenue sources for better portfolio diversification. Benz emphasizes the often-overlooked value of safe investments and inflation protection in retirement planning. They also highlight how social relationships play a crucial role as we age, advocating for community over mere housing stability.

26:23

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Episode guests

Christine Benz

Dan Lefkovitz

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Episode notes

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Quick takeaways

Investors should assess their portfolios' geographic revenue exposure to better navigate the impact of geopolitical risks on equity markets.

Christine Benz emphasizes the importance of understanding spending fluctuations and the value of safe investments in effective retirement planning.

Deep dives

Impact of Globalization on Investment Revenue

Globalization's impact on revenue sources for various countries has been a crucial topic, revealing that many nations are sourcing more revenue from international markets rather than just domestically. For example, the United States, which shows a 60%-40% split between domestic and foreign revenues, has actually seen a slight increase in its domestic share over the last year. In contrast, Japan's reliance on domestic revenue has fallen to 49%, indicating a significant shift toward global exposure for companies like Toyota, which earns more from outside Japan than from its home market. This trend challenges the common belief that globalization is declining and emphasizes the interconnectedness of global markets.

Intro

2min

Global Revenue Dynamics: Shifts and Implications

9min

Upcoming Market Insights and Key Retirement Planning Releases

2min

Navigating Retirement: Strategies for Financial Security

8min

Navigating Housing Choices and Relationships in Aging

4min

Exciting Developments in Retirement Planning

2min

Dan Lefkovitz, Morningstar Indexes strategist, explains how following the money can reveal how exposed your portfolio is to geopolitical risks. Christine Benz, Morningstar Inc director of personal finance, is the author of the new book, How to Retire: 20 Lessons for a Happy, Successful, and Wealthy Retirement. Benz joins Investing Insights to discuss her new book and how to avoid easy-to-miss pitfalls of retirement planning.

Is Globalization Waning?

Why the U.S., China, and Japan Are Turning to Global Income

Big Tech’s Influence on Global Revenue

How Nvidia Is Pushing the U.S. Stock Market to Be More Global

Can Elections Influence the Revenue Picture for the U.S. Equity Market?

Correlations Between Asset Classes in the U.S. and Globally

Why Market Correlations Between Emerging Markets and Developed Markets Have Not Risen

How Revenue and Correlation Data Informs Portfolio Diversification

Key Takeaway

Preview of The Week Ahead

The Goal of Christine Benz’s New Book ‘How to Retire’

How Spending Fluctuates Throughout Retirement

Why Retirees Underrate the Value of Safer Investments and Inflation Protection