... is the title of a video from Joe on his new channel Retirement Income Investor. In the video, Joe cited a few academic studies on retirement spending. They mirror many of my previous postings on : 1) life design > safe withdrawals, 2) non-linear U-shaped retirement spending, 3) auto cash deposits leading to more spending. It is good to see that my intuitions and critical thinking are consistent with these formal studies. In my 30+ years in high tech, I didn't get COLA every year. I survived pay decreases in new jobs. I even survived family court taking more than half away. Why should I blindly follow some rigid 30-year-old study that calls not adjusting for inflation every year unsafe? I rejected such fear porn. So should you. https://www.youtube.com/watch?v=DDFc_m7xUik $HYLD
412 views
1 Comments
Am @whatsa · 5d
Lol. I used to watch this guys investment videos, I guess he is retired now. While he is a diy investor, his videos were surprisingly decent. My take away from this one is to be proactive in increasing or decreasing my retirement drawdown due to market conditions vs maintaining current retirement lifestyle. Don’t fear spending a little extra now while you can because you won’t when you can’t. Thanks for the post and the link.
See the full comment section 👀Sign up for the full Blossom experience!
