Sorry for the lack of recent updates. A bunch of upcoming deadlines coupled with some heavy jetlag from my last trip to the US has been slowing me down on the blog. But I will be back more regularly in due time with lots of new things.
I'm now watching some very interesting videos with Stephen Huxley and Brent Burns about their Asset Dedication approach which blends elements of the probability-based and safety-first approaches to retirement income. The videos are really good and I will surely be able to provide some links to them at some point. But for now, I thought this was a really nice quotation from Professor Stephen Huxley in the video:
It would be great if everyone had over their lifetime saved enough money so that they could in fact buy 30 years worth of TIPS to protect themselves. That would be terrific. Unfortunately, most of us haven’t done that, and so consequently you have to assume some level of risk and then go with the flow and hope that things work out and make adjustments along the way if you have to.