How much money the average retiree needsYou should aim to have 70% of your pre-retirement income to live comfortably during retirement. The median household income today is $58,600, which means the average household should have at least $41,020 per year saved for retirement. If you are eli...
However, with many players getting drafted during college and starting at the age of 20, an average three-year career means that they are done playing professional football by the age of 23. That leaves a lot of future career potential left for a young retiree. And, when the plan was to...
Now it’s true that the US is a very different market when it comes to property. Still, I think the big divergence isn’t so much to do with the asset class as because their bubble burst and ours hasn’t. Would Richards have published this piece in the still-roaring US property marke...
Vanguard has done research on this looking at a 15-year time frame: https://personal.vanguard.com/us/insights/article/infographic-outperformance-112013 In it they point out that 45% of actively managed funds fail to even survive over that time, let alone outperform. Only 18% both survived an...