Hi Jan,
Every generation remembers when things used to cost less: a gallon of milk, a tank of gas, a first home. That's an interesting observation about the past, but once you stop earning a paycheck, it becomes a real planning question. This week we look at the tradeoffs behind every inflation protection strategy, from TIPS and Treasury bonds to I Bonds, bond funds, and cash. None of these tools come free of tradeoffs, and understanding what each one asks you to give up is the key to choosing the right combination for your own retirement income plan.
| | | | The Tradeoffs of Protecting Your Purchasing Power Every generation has stories about how inexpensive things used to be. A gallon of milk, a tank of gas, a movie ticket, or the first home someone bought decades ago all seem impossibly cheap by today’s standards. A dollar simply does not buy what it used to. That may seem like little more than an interesting observation when you’re talking about the past, but it becomes a very real planning challenge once you stop earning a paycheck.
By Retirement Researcher | | | | Social Security Is More Than a Monthly Benefit Social Security is often viewed as a monthly paycheck that replaces part of the income earned during a career. As a result, many discussions focus on when to claim benefits. While the timing of that decision is important, it only scratches the surface of what Social Security contributes to a retirement plan.
By McLean Asset Management
| | | | Does Sequence Risk Last Longer than You Think?
In this episode, Alex and I work through listener questions on how retirement length affects sequence of returns risk, the tradeoffs between I Bonds and TIPS, and a simple rule I use for deciding when to replenish a cash or bond bucket after a downturn.
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