Well, you can make this argument for any investment. You can retire with 100% bank CDs if you oversave and spend flexibly. Personally, my spreadsheets said I could retire last year with no worries if I could achieve a 2% real portfolio return. So it was hard to pass up an investment that guaranteed that. There are many roads to Dublin, as Taylor likes to say.Some of us don't worry as much about this stuff as much as others though, that's for sure. Every time I read something about LMP kind of stuff I usually conclude "Man, those folks have so little risk tolerance I almost can't believe it. Heaven forbid you have to spend a little less for a few years or leave a smaller inheritance or give less to charity etc." You adjust your spending for your entire life before retirement. You can adjust it afterward too, especially if you are pretty wealthy.
Statistics: Posted by TipsQuestions — Fri Sep 13, 2024 12:16 am — Replies 82 — Views 5750