A Rich Life

The Old Ideas on Saving & Investing Don't Work -- Here's What Does

“It Is Certainly a Positive to Have Wade and Michael Sharing Their Thoughts on the Matters Addressed in the Article. But We Need to Hear Them Sharing Their Thoughts on ALL Aspects of the Question. And We Need to See How They Respond to CHALLENGES to Their Beliefs. And We Need LOTS OF OTHERS Sharing Their Thoughts on All Aspects of the Question and Responding to Challenges to Their Beliefs.”

by

Set forth below is the text of a comment that I recently posted to the discussion thread for another blog entry at this site:

“I find it very exciting to learn all the new things that I learn when people feel safe enough to do honest work in this field.”

Good, then you should find this exciting:http://www.aaii.com/journal/article/increasing-retirement-withdrawal-rates-through-asset-allocation.touch

An article by Wade and Michael Kitces talking about CAPE in regards to SWR. Far more recent than the misnamed Bennett-Pfau research, therefore they are far more likely to appear in the NY Times. The fact that you’ve been babbling the same words about the same topic for 16 years means nothing more than you have OCD.

Thanks for the link, Anonymous.

It is certainly a positive to have Wade and Michael sharing their thoughts on the matters addressed in the article. But we need to hear them sharing their thoughts on ALL aspects of the question. And we need to see how they respond to CHALLENGES to their beliefs. And we need LOTS OF OTHERS sharing their thoughts on all aspects of the question and responding to challenges to their beliefs.

In short, we need to open every investing site on the internet to 100 percent honest posting re safe withdrawal rates and scores of other critically important investment-related topics. Zero death threats. Zero demands of unjustified board bannings. Zero acts of defamation. Zero threats to get academic researchers fired from their jobs.

We need to get back on the right side of the felony line. We need to make everyone who works in this field feel 100 percent confident that he or she will never experience any penalty for posting with 100 percent honesty re the amazing. revolutionary research findings of the past 37 years.

My sincere take.

And my sincere best wishes to you and yours.

Rob