Episode 128: Our Monthly RANT Putting The Hammer Down On A Report From The Death Star!
In this episode we, ahem, "address" a recent attempt by Morningstar to predict the future returns and performance of markets for the next 30-40 years using a bag of crystal balls and their conclusions about safe withdrawal rates. Links: The Report in Question: State-of-retirement-income.pdf (morningstar.com) The Data They Should Have Been Using: Diversification_Landscape_033021v2.pdf (morningstar.com) The Track Record Of These Methodologies According To Morningstar:&nbs...
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