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Animal Spirits Podcast

Are You on Track For Retirement? (EP.323)

Aug 30, 2023
Topics discussed in this podcast include the outlook for a 60/40 portfolio, dollar cost averaging into a bear market, the evolution of retirement, the best age for making good financial decisions, the Fed's inability to fix the housing market, how HGTV influenced housing prices, hedging climate change risk, and more!
01:01:03

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Quick takeaways

  • Dollar cost averaging into a bear market can be a smart strategy for investors.
  • The evolution of retirement is a topic of discussion, indicating changing trends and needs.

Deep dives

Increasing number of Americans cancel cable subscriptions

Approximately 25,000 Americans cancel their cable subscriptions daily, indicating a growing trend of cord cutting. With the availability of streaming services and rising cable costs, many people are opting to cancel their cable subscriptions and switch to alternative options for entertainment. This shift is driven by the desire for more flexibility, lower costs, and the ability to choose specific content. The rise of streaming platforms like Netflix, Hulu, and Amazon Prime Video has provided consumers with a wider range of options for accessing their favorite shows and movies without the need for traditional cable TV.

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