Population loss from now to 2050 will cause about 20-30% in economic damage or about a $60 trillion in economic loss. The GDP of a country is the amount of working people times the average economic contribution from each person. If your economy has 30% fewer people and all the people had on average the same productivity then you would lose 30% of your economy.
Ed McQuarrie talks the REAL History of Stocks and Bond performance.
Worried About a Stock Market Crash? Here’s What You Should Be Worried About Instead. - Barron's https://share.google/zxmc1t7eE4TLrdHPh
Read this article from Barron's
https://www.morningstar.com/portfolios/when-it-comes-bonds-dont-be-hero
Interesting article on bond allocation, short term needs for retirement are better to be in a money market account up to two years of spending and up to ten years in a high quality active bond fund. Also active bonds have outperformed index bond funds by one percent