FYI: Episode 5 is an interview with personal finance and investing legend Bill Bernstein. Steve and Bill discuss the hurdles between you and a secure retirement and how to overcome them.
Hosted by Steve Chen, founder of NewRetirement, the NewRetirement Podcast offers interviews about the wise use of both money and time in retirement. We explore ideas and insights so that you can achieve a secure and meaningful future.
Regards,
Ted
https://www.newretirement.com/retirement/podcast-episode-5-bill-bernstein-5-hurdles-secure-retirement/
Comments
This is just another case of Bill Bernstein being William Bernstein. From decades of interviews and a large number of insightful and entertaining books, Bernstein has advocated a simple and inexpensive investment strategy. Buy and hold a diversified portfolio of low cost Index funds of equal,weight in four categories. The four categories are the conventional ones: bonds, international stocks, S&P large cap equities and small cap US equities, He has gotten long mileage and significant wealth from an investment strategy that is so simple, so well understood, and so often applied by a large number of investors.
He is persistent if nothing else. Persistence and simplicity are winning methods in most instances. It is amazing how that simple strategy can produce such wealth. But it works and that is the ultimate test.
Best Regards
It is unbelievably pessimistic even on its optimistic setting, compared with other calculators, and I am curious why.