Each one of us needs and wants enough money to retire comfortably and to suffice our future generation. But what exactly is the amount needed? According to a study conducted by Business Insider, if you want to live off an average salary of $50,000 and wish to retire in 20 years, to maintain the same lifestyle you are currently living for retirement, you would need $3,000,000. This is a far cry from what most people expect and, saving money alone will not get us there. That is why investing is essential. Although conventional investing wisdom suggests sticking to bonds during retirement, blinded by its inherent ‘safety’ component, this advice today is futile. The general public’s ignorance about the limitations of bonds, including their interest rate risks, inflation risk, and high opportunity cost, can be detrimental to their retirement funds.
Full paper: Limitations of Bonds
Download: Limitations of Bonds.pdf
Hi, your blog is very nice and professional. I like your final quote “The best investment you can make is in yourself.” Totally agree!
Yeah, that was smooth
Thank you for your paper, I learned quite a few things!
I totally agree! Your paper is very interesting!