Optimal Finance Daily - Financial Independence and Money Advice cover image

2069: [Part 1] Are You Feeling Lucky? The Two Schools of Retirement Income by Darrow Kirkpatrick

Optimal Finance Daily - Financial Independence and Money Advice

00:00

Are You Feeling Lucky? The Two Schools of Retirement Income

In the safety-first philosophy, you or a financial planner match guaranteed income to essential expenses. Failure is defined as running out of money before running out of life. A failure probability in the neighborhood of 10% is often considered acceptable.

Play episode from 06:15
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app