Oh, and by the way, always giving glory to our Lord, Jesus Christ! He comes first. Always.
To further destroy the narrative that "everyone had a pension" in the old days and it was "better back then" let's read from a BLS Monthly Labor Review in 1983, "how do families far when the breadwinner retires?"
"Men who retired because of poor health were more likely to have been in a low level occupation and to receive lower retirement income. They were also less likely to have any pension coverage other than social security which is not available until 62."
Guess what? Nowadays we can use our 401k to provide us income until Social Security kicks in. Back then you were SOL.
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
