Bogleheads On Investing Podcast cover image

Episode 76: Meir Statman talks about his new book, A Wealth of Well-Being, host Rick Ferri

Bogleheads On Investing Podcast

ADVICE

Work-Life Integration over FIRE

  • Strive for work-life integration instead of aiming for FIRE (Financial Independence, Retire Early).
  • Retirement as a work-free nirvana is unrealistic and potentially risky.
  • Balance work, family, and leisure throughout life.
  • Don't overwork, but don't divide life into strict work and retirement phases.
  • Early retirement assumes predictable finances and ignores the potential for market downturns or unforeseen events.
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