The purpose of this post is to describe how fate – the sequence of market returns we have faced and will face – affects our nest egg and spending in retirement.

The luck of the draw – random chance – had a big effect

My friend Betty asked that question and it’s a good one. The basic answer is that we own bonds as insurance to protect us from the DEVASTATION that BAD VARIABILITY of stocks returns would have on our portfolio. The returns from bonds are always greater

When were retired we’re in the Spend and Invest phase. We’re withdrawing from our portfolio each year for our spending. We’re stressing its health each year. Most times it remains healthy or even grows to be super-healthy over our retirement. We Nest Eggers are most

Vanguard recently improved its display(s) of results of their Retirement nest egg calculator – their Retirement Withdrawal Calculator (RWC). I describe RWCs in Nest Egg Care (Chapter 2 and Appendix C), but here is a separate description. I rely on two key RWCs in Nest

The point of this post: it’s waaaay to early in the year to be concerned about the rapid decline in stocks.

I liked reading Thinking, Fast and Slow by Daniel Kahneman. Kahneman is a psychologist who won the Noble price in economics. He’s the