Chapter
Retirement Data and Stocks Concentration
1:05:49 - 1:10:59 (05:10)
The retirement crisis is not as huge as we think it is. Data shows that only a small percentage of retirees are pulling down their principal, but it's still important to consider stocks concentration.
Clips
It is risky to sell all your stocks from a concentrated position since it may triple or go up 10x, but you can sell enough to lock in your lifestyle and let the rest ride as per your preference.
1:05:49 - 1:06:59 (01:10)
Summary
It is risky to sell all your stocks from a concentrated position since it may triple or go up 10x, but you can sell enough to lock in your lifestyle and let the rest ride as per your preference. Adjusting the asset mix by buying more bonds and less stock can also help when stocks are performing better than bonds.
ChapterRetirement Data and Stocks Concentration
Episode#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
PodcastModern Wisdom
Shockingly, only one in six or seven retirees are pulling down principal and majority grow their wealth using the 4% rule of investing; a study found that following this rule for 30 years can lead to a four-fold increase in wealth than the initial investment.
1:06:59 - 1:08:56 (01:56)
Summary
Shockingly, only one in six or seven retirees are pulling down principal and majority grow their wealth using the 4% rule of investing; a study found that following this rule for 30 years can lead to a four-fold increase in wealth than the initial investment.
ChapterRetirement Data and Stocks Concentration
Episode#462 - Nick Maggiulli - The Best Way To Build Your Personal Wealth
PodcastModern Wisdom
The lottery has got people caught in its feverish grasp, with tickets selling at an astonishing 15 per second.
1:08:56 - 1:10:59 (02:02)
Summary
The lottery has got people caught in its feverish grasp, with tickets selling at an astonishing 15 per second. Despite concerns over a looming retirement crisis, the data seems to indicate this won't be the end of the world for most people.