Don't know why I've never contemplated this but I've recently realized that inflation becomes much less of an issue for someone who only has a short time to live. Let's take two individuals, both with a life expectancy of 80 years old. A 25-year-old should be very concerned about longterm inflation and a 75-year-old much less so.
For the sake of this thread, let's assume that the person in question is single, does not have heirs and is not too concerned with making large contributions to charity.
Is there a rule of thumb that addresses this "life expectancy & inflation risk" apart from just having a lower stock allocation as one ages?
For the sake of this thread, let's assume that the person in question is single, does not have heirs and is not too concerned with making large contributions to charity.
Is there a rule of thumb that addresses this "life expectancy & inflation risk" apart from just having a lower stock allocation as one ages?
Statistics: Posted by AlmstRtrd — Sat Nov 23, 2024 6:47 am — Replies 1 — Views 75