I'd like to introduce you to a destination that you will want to visit on your roadmap to retirement. It's a unique place, full of wonder and contradictions, governed by a man named Jeremy Siegel. His vice-governor is Robert Shiller, who originally discovered the CAPE in 1998. Dr. Siegel is implementing some updates to Dr. Shiller's original discovery, which we'll explore in this commentary.
Planning for retirement can be a scary process because it requires a tremendous amount of money that may never be enough. You may be unsure about how much your costs will be, how long you will live and how much extra income you will have. Of course, you may also want to leave behind some funds for your heirs and perhaps some important causes that you believe in. In the end, the most important question is how long will your portfolio last in retirement? Fortunately, new research is starting to shed light onto the answer and helping many seniors get a better handle on their finances.