On the Money: Replacement Rates

On this episode of "On the Money," Paul Ruedi, David Ruedi, CFP®, Ryan Repko, CFP®,  and Dr. Fred Giertz discuss the impact of AI on investors and what percentage of their income people need to replace in retirement.

 

(3:16) Sticker shock from higher prices

(7:50) The impact of AI

(17:51) The rate of technological improvement and reasons to be optimistic

(21:52) How much of your pre-retirement income do you need to replace?

(32:01) The error of focusing on a certain dollar amount needed to retire

(40:53) Deficit spending during good economic times

(46:30) Sequence of returns risk