Episode 128: Our Monthly RANT Putting The Hammer Down On A Report From The Death Star!

<p>In this episode we, ahem, &quot;address&quot; a recent attempt by Morningstar to predict the future returns and performance of markets for the next 30-40 years using a bag of crystal balls and their conclusions about safe withdrawal rates.<br/><br/>Links:  <br/><br/>The Report in Question:  <a href='https://www.morningstar.com/content/dam/marketing/shared/pdfs/Research/state-of-retirement-income.pdf?utm_source=eloqua&amp;utm_medium=email&amp;utm_campaign=none&amp;utm_content=32633'>State-of-retirement-income.pdf (morningstar.com)</a><br/><br/>The Data They Should Have Been Using:  <a href='https://www.morningstar.com/content/dam/marketing/shared/pdfs/Research/Diversification_Landscape_033021v2.pdf'>Diversification_Landscape_033021v2.pdf (morningstar.com)</a><br/><br/>The Track Record Of These Methodologies According To Morningstar:  <a href='https://www.morningstar.com/articles/437410/your-forecasts-for-stock-and-bond-returns'>Your Forecasts for Stock and Bond Returns  (2011)| Morningstar</a><br/><br/>And a nice tax advisor:  <a href='https://fitaxguy.com//'>The FI Tax Guy (Sean Mullaney)– Tax, Financial Independence, and Fun</a></p><a rel="payment" href="https://www.riskparityradio.com/support">Support the show</a> (https://www.riskparityradio.com/support)