Talk Your Book: Longevity Income

Animal Spirits Podcast

The Compound

News, Business News, Business, Investing

4.8 • 2K Ratings

🗓️ 4 November 2024

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On today's show, we are joined by Nate Conrad, Head of LifeX at Stone Ridge Asset Management to discuss how longevity income ETFs work, what LifeX is actually investing in, why matching spending with investment products is important, understanding the inflation adjustment for inflation protected income funds, declining LifeX fees over time, and much more! Find complete show notes on our blogs... Ben Carlson’s A Wealth of Common Sense Michael Batnick’s The Irrelevant Investor Feel free to shoot us an email at [email protected] with any feedback, questions, recommendations, or ideas for future topics of conversation. Check out the latest in financial blogger fashion at The Compound shop: https://www.idontshop.com Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. Michael Batnick and Ben Carlson are employees of Ritholtz Wealth Management and may maintain positions in the securities discussed in this video. All opinions expressed by them are solely their own opinion and do not reflect the opinion of Ritholtz Wealth Management. The Compound Media, Incorporated, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. For additional advertisement disclaimers see here https://ritholtzwealth.com/advertising-disclaimers. Investments in securities involve the risk of loss. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. The information provided on this website (including any information that may be accessed through this website) is not directed at any investor or category of investors and is provided solely as general information. Obviously nothing on this channel should be considered as personalized financial advice or a solicitation to buy or sell any securities. See our disclosures here: https://ritholtzwealth.com/podcast-youtube-disclosures/ For full disclosures on Stone Ridge Longevity ETFs, please visit lifexfunds.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Today's Animal Spirits Talk Your Book is brought to you by Lifex. Go to Lifexfunds.com to learn about their whole suite of longevity income ETFs. That's lifexfunds.com.
0:13.8	Welcome to Animal Spirits, a show about markets, life, and investing. Join Michael Batnik and Ben Carlson as they talk about what they're reading,
0:21.8	writing, and watching. All opinions expressed by Michael and Ben are solely their own opinion
0:26.3	and do not reflect the opinion of Ridholt's wealth management. This podcast is for informational
0:31.1	purposes only and should not be relied upon for any investment decisions. Clients of
0:35.8	Ridholt's wealth management may maintain positions in the securities discussed in this podcast.
0:43.5	Welcome to Animal Spirits with Michael and Ben.
0:46.7	Michael, I've been slowly but surely, like, building up my thoughts on this over the years.
0:53.0	And just about the fact that there's so many baby bloomer's
0:55.7	retiring and there's so much money 10,000 a day I hear that's right we've mentioned that once
1:00.7	or twice is it still 10,000 or we uh all the way through 2030 something no no hang on it can't be 10,000
1:07.3	every day are you telling me that's on average what of course that's an average does not they're handed out 10,000 gold watches every day and if you're 10,000 every day. Are you telling me that's an average? Of course that's an average.
1:14.8	There's not, they're handed out 10,000 gold watches every day. And if you're 10,000 and one, you don't get one. But I'm sorry, but it's been 10,000 every day for the last eight years.
1:18.3	Or how long we mentioned that's sad? It hasn't, it's not 9,000 or 11 so rich. They're retiring early. And that cohort is living
1:30.0	longer. And we hear all the time from people being like, I don't know what to do about taking
1:33.9	my money out. What's the right withdrawal percentage, 4% rule? Should I do this? What about three?
1:39.4	This is a very stressful topic for a lot of retirees That are like, listen, I have a pile of money.
1:45.3	Now, what do I do with it?
1:46.6	And so I think marrying the portfolio with the financial planning is something a lot of, especially
1:51.1	DIY investors didn't really think about.
1:53.1	But I think a lot of advisors are going to be bumping up against two.
1:56.6	It's much easier to help someone in the saving phase and in the accumulation phase than
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Compound, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Compound and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.