In this video, David Blanchett PhD, CFA, CFP poses the question, is there a retirement crisis? Meaning, will everybody run out of money? Now, here’s the paradox; ask people this question before they’ve retired and most people think there’s a crisis. But ask people who’ve retired about their own experience, and for most, it’s worked out just fine.
And in another twist, David (who works for an investment company) argues that the portfolio is not the most important component of a retirement plan.
Intrigued? Take a look to find out more.