A Conversation with Lee Freitag
December 28, 2021 by P.E. Kelly
Longevity has thrown a monkey-wrench into many of our assumptions about building adequate and sustainable income for clients. The prospect of outliving one’s assets, running out of money before running out of breath, has become a frightening possibility for many. Moreover, the plans we utilize to help build sustainable portfolios, starting with a once reliable 60/40 strategy, have begun to strain under a nagging low interest environment that is kicking out diminishing yields. When viewed through this prism, the outlook for equities in the long term can be disconcerting, as investors begin to reset the dials on risk, volatility and income expectation.