Josh Scandlen Podcast

The Market Is Down…have you checked your Monte Carlo projections??? Last month you ran a retirement scenario that showed you had a 85% probability of success. Which left you feeling good because it showed you could retire at your anointed time. Yay for you! Yesterday you ran the same exact scenario but your probability of success is now only 70% meaning your going to have to work at your crappy, old job for 2 more years. “Nooooooooo!!!!” You scream into the night in pure panic. “I CAN’T do it! I just can’t!” You hate your crappy, old job, after all, and you’re just there until you get to the point where your retirement projections show you’re ‘safe’ to retire. Suddenly though, in a month’s time, all your hopes and dreams have been shattered. Just. Like. That. Is it Trump? The Democrats winning the House? NYC banksters? Jeff Bezos? Who is to blame for your retirement plan being derailed? You’ve got to be able to blame someone, but whom??? And this, my friends, is why I despise retirement projections. Liter