Learn how to plan and think about life after full-time work (so-called retirement), particularly the psychological and financial aspects.
Preparing for retirement is a complex process–it can be hard to even know where to start.
This project is about giving you a framework for confidently making your own decisions about retirement, and you'll gain a new perspective on what life after full-time work can look like.
Don has an extensive background in investing and consulting, and is also an accomplished author. His current writing project is focused on helping people prepare for a happy, financially secure life after they finish full-time work.
Giving you confidence in making retirement decisions
Experts make assumptions about our attitude to financial risk in our retirement years. Here’s a case study that suggests that psychology plays a considerable role, regardless of finances.
Of course we hope for good outcomes when we invest. But we must consider the possibility that outcomes will be bad, perhaps even over long periods. That’s what risk means. Let’s take a look at history again, this time looking at bad news.
The “glide path” in accumulation applies only when you’re saving money, not when you’re making withdrawals. Here’s an important decumulation angle.
A (final) bit of background on my article in the London-based FT Money publication and an accompanying podcast