250: Adjusting Monte Carlo Success Thresholds By Tolerance For Spending Volatility
Retire With Purpose - The Retirement Podcast
Casey Weade
4.7 • 564 Ratings
🗓️ 12 November 2021
⏱️ 26 minutes
🧾️ Download transcript
Summary
This week's retirement reading is from Kitces titled, Adjusting Monte Carlo Success Thresholds By Tolerance For Spending Volatility. Listen in as Casey Weade breaks down the article and shares what he thinks! Today's episode can also be accessed by visiting Howardbailey.com/250.
Show Notes: Howardbailey.com/250
Rate & Review the Podcast: RetireWithPurpose.com/review
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Sifting through the copious amount of conflicting financial advice and retirement information can be daunting - but it doesn't have to be! Each week, Casey makes it super easy. He hand-picks 4 of the most important articles you need to read, that are beneficial to you whether you're at, near, or in retirement! If you want them sent straight to your inbox, sign up by visiting RetireWithPurpose.com/weekend-reading
Transcript
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| 0:00.0 | Welcome to the Retire with Purpose podcast, a show specifically designed to help free retirees and retirees maximize their financial confidence. |
| 0:14.4 | Casey Wheat is a certified financial planner and president of Howard Bailey Financial. |
| 0:18.3 | His newest book, Job Optional, is a Wall Street Journal |
| 0:21.5 | bestseller and is available now on Amazon and at Retirewithpurpose.com. He's your host on |
| 0:27.9 | retire with purpose. Hey, I'm Casey, and I believe in retirement strategies that are driven by |
| 0:34.0 | meaning and purpose. Join me this week and every week as we discuss thoughts and ideas |
| 0:40.3 | with some of today's foremost experts in the field of finance and retirement, as well as discussing |
| 0:46.2 | trending topics that could impact your bottom line. These discussions can help you make |
| 0:51.7 | better financial decisions so you can live the lifestyle you've always imagined and deserve. |
| 0:57.9 | Welcome to the show. |
| 1:02.4 | Hello there, guys and gals. |
| 1:04.3 | I am joined today by my good friend and certified financial planner, vice president of Howard Bailey Financial and just all-around great guy. |
| 1:12.6 | I'm Marshall Johnson here with us today. |
| 1:14.1 | Hey, hey, thanks for that intro, Casey. |
| 1:16.2 | Oh, man, I met every single word, and I would say more. |
| 1:19.4 | But I think it's time we get to our article of the day. |
| 1:23.4 | Every Friday, we like to share one of our weekend reading articles with you, a trending topic around something going on in the financial planning world. We'd like to break that down, give you some of our takeaways, give you some things to think about, take back to your financial advisor, implement in your own financial life. If you're doing it yourself or we're just here to add some value today. And we're going to be sharing with you an article that you can get a link to in the show notes at retire with purpose.com. |
| 1:47.2 | You can also sign up to receive our weekly email while you're there, retire with purpose.com. |
| 1:53.1 | This one comes to us from none other than our favorite financial blogger, Michael Kitts, is here today. |
| 2:00.6 | Nerd's Eye View. And this one's a doozy. So hold on. |
| 2:05.2 | Adjusting Monte Carlo success thresholds by tolerance for spending volatility, that is |
| 2:11.2 | everything but clickbait right there. I just heard bleep boop, bleep, bleep, bleep, bleep. |
... |
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