Episode Details
Back to EpisodesEpisode 128: Our Monthly RANT Putting The Hammer Down On A Report From The Death Star!
Season 2
Episode 128
Published 4 years, 1 month ago
Description
In this episode we, ahem, "address" a recent attempt by Morningstar to predict the future returns and performance of markets for the next 30-40 years using a bag of crystal balls and their conclusions about safe withdrawal rates.
Links:
The Report in Question: State-of-retirement-income.pdf (morningstar.com)
The Data They Should Have Been Using: Diversification_Landscape_033021v2.pdf (morningstar.com)
The Track Record Of These Methodologies According To Morningstar: Your Forecasts for Stock and Bond Returns (2011)| Morningstar
And a nice tax advisor: The FI Tax Guy (Sean Mullaney)– Tax, Financial Independence, and Fun