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Stay Wealthy Retirement Podcast

9 Fun (and Useful!) Facts About Investing & Retirement

Stay Wealthy Retirement Podcast

Taylor Schulte, CFP®

Financialplanning, Retirement, Money, Taxplanning, Stocks, Wealth, Business, Investing, Retirementplanning

2.4606 Ratings

🗓️ 19 October 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

Today I'm sharing nine fun facts about the economy, markets, and retirement. 

Along with being entertaining, these facts bring important planning topics to the surface.

They also help to address and answer common questions.

For example:

‣ How correlated is the economy to the stock market?

‣ What are the actual odds of a catastrophic long-term care event?

‣ Should average life expectancy assumptions be used in retirement projections?

If you're ready to have some fun learning about the history of the markets and little-known facts about investing, this episode is for you.

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✏️  Grab the Episode Show Notes

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Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to the Stay Wealthy podcast.

0:06.4

I'm your host, Taylor Schulte, and the world is feeling extra heavy at the moment.

0:10.8

In addition to events overseas, I've had a few unfortunate events in my personal life

0:15.5

that have just put me in a bit of a funk these last couple of weeks.

0:19.0

Nothing catastrophic, just typical life stuff, but nonetheless, just been in a bit of a funk these last couple of weeks. Nothing catastrophic, just typical life stuff,

0:21.8

but nonetheless, just been in a bit of a funk these last couple of weeks. So today, I want to

0:26.5

lighten the mood and have a little fun for myself and for anyone else who's feeling some extra

0:31.2

heaviness right now. To do that, I'm sharing nine surprising little known facts about the

0:36.7

economy, the markets, and retirement planning.

0:39.4

Long-time listeners might remember that I published a similar episode a couple of years ago,

0:44.1

which I'll link to in today's show notes if you missed it or you want to listen again.

0:48.0

And there are two stats from that episode that I find myself continuing to revisit and share with people. The first is from

0:56.0

Morgan Housel, author of The Psychology of Money, and he shares that for the last 100 years,

1:02.6

the U.S. stock market has declined at least 10% once every 11 months. In other words, he emphasizes if a so-called market expert appears on the news

1:14.6

predicting an upcoming 10% decline in the stock market, they should really just say,

1:21.0

everything's going to be normal. And this upcoming correction that I'm predicting happens on

1:25.8

average every 11 months. My second favorite stat

1:29.7

from that episode was from the legendary Peter Lynch, manager of Fidelity's Magellan Fund,

1:34.8

which averaged a 29.2% annual return during his 13-year tenure, double that of the S&P 500

1:43.9

during that same time period.

1:45.7

And while that's a crazy fact on its own, in one of Peter's books, he shared that

1:50.1

starting in 1965, if you invested the same dollar amount at the peak of the U.S.

...

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