As part of Roger’s summer replay series, he revisits a conversation with Peter Lazaroff about the value of elegant simplicity in retirement investing. They discuss why more sophisticated strategies are not necessarily better, how added complexity can create unexpected risks, and why the money supporting your retirement should remain separate from any “play money” used to explore alternative investments.
OUTLINE OF THIS EPISODE OF THE RETIREMENT ANSWER MAN
- (00:01) Roger introduces the benefits of simplifying your investments rather than continually adding new strategies.
RERUN: KEEPING INVESTMENTS SIMPLE WITH PETER LAZAROFF
- (01:56) Roger and Peter discuss elegant simplicity, private investments, and why adding complexity to your portfolio may create more risk and work without meaningfully improving your retirement.
- (20:18) As private investments become more widely available, Peter shares a framework for deciding whether an investment truly belongs in your portfolio.
- (32:02) Roger and Peter discuss when added complexity may serve a purpose and why private investments should not be a core part of the strategy securing your retirement.
CLOSING THOUGHTS
- (40:05) Roger connects elegant simplicity with the 80/20 rule and the theme of the upcoming Rock Retirement Club Roundup.
REFERENCES
Note: The opinions expressed are for informational purposes only and should not replace personalized advice from licensed professionals.
What is Retirement Answer Man?
A top retirement podcast. Roger Whitney, CFP®, CIMA®, CPWA®, RMA, guides you on how to actually do retirement well financially and personally. This retirement podcast isn't afraid to talk about the softer side of retirement. It will teach you how to retire with confidence. Two-time PLUTUS winner for best retirement podcast / blog and the 2019 winner for best financial planner blog. This retirement podcast covers how to create a paycheck, medicare, healthcare, Social Security, tax management in retirement as well as retirement travel and other non-financial issues you'll need to address to rock retirement. Retirement isn’t an age OR a financial number. It’s finding that balance between living well today and feeling confident about your retirement. It’s about gaining more freedom to pursue the life you want. Join the rock retirement community at www.rogerwhitney.com