

Is it dangerous to retire in a stock market bubble?
In this video, I discuss the risks of retiring during a stock market bubble, emphasizing that the stakes are particularly high for new retirees. Using the Schiller Cape ratio, I highlight that we are currently above 40, indicating historically elevated stock prices, which often lead to low expected returns over the next decade. I illustrate the critical concept of sequence of returns and how it can drastically impact retirees' portfolios, showing examples from those who retir

Matthew Goff
Nov 3

