The Rational Reminder Podcast The Authority Speaks: A Complete Guide to Investing and Retirement with Larry Swedroe (EP.30)
6 snips
Jan 23, 2019 AI Snips
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Transcript
Episode notes
The Four Horsemen of Retirement
- Retirement challenges include high equity valuations, low bond yields, longer life expectancy, and rising long-term care needs.
- These factors create lower expected returns and require higher savings and careful planning to ensure longevity of funds.
Plan for Sequence Risk
- Never assume your portfolio's expected return is guaranteed or constant; consider the distribution of possible outcomes.
- Plan for sequence risk in retirement since early market downturns deeply impact funds from which you withdraw.
Prioritize Non-Investment Protections
- Don't focus only on investments; ensure insurance, estate planning, and elder care protections are in place.
- Proper non-financial planning safeguards your wealth and wellbeing against life's uncertainties outside the market.