Business
In this episode, Chad starts off with an outlook on retirement portfolios for the next decade and discusses how global equity returns are expected to be higher than the U.S. at 6.7%. Chad notes that high yield and investment-grade bonds have a comparable outlook for the decade. He then moves on to discuss retirement during the pandemic and how the senior population is being affected. Chad ends by discussing the use of the Monte Carlo simulation to project retirement success based on your current portfolio and thousands of different scenarios, note that a grade of 85% is considered successful in this simulation. Email your money question to chad@newfocusfinancial.com , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT) Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com