8. Coronavirus in perspective for a retiree portfolio and 12 reasons to stay optimistic
Welcome to Episode 8 of Retire Me!
Today, I talk about the Coronavirus and how a retiree can put market downturns into perspective.
1. If you have a solid plan, and an investment strategy that follows that plan, you are going to be fine.
2. A 60% equity/40% quality bond holder has 10 years of retirement spending in bonds using a 4% withdrawal rule. If you think what's happening now will resolve itself in 10 years, you should feel ok
3. There is always a reason to be pessimistic - Coronavirus is just the most recent one
4. 12 ways the world has gotten better, and optimism for how the world will continue to get better
Detailed show notes and links and charts will be on my blog shortly.
Thanks for listening!
Mark